Weekly Banking Bulletin

September 11, 2026

SECTION I

This section records the receipt of applications and notices to the Banking Division of the Department of Financial Services.   Applications and notices received by Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services are listed in order of date of receipt; applications and notices received by Mortgage Banking are listed at the end of Section I by type of application or notice.  THE WEEKLY BULLETIN CONSTITUTES THE ONLY WRITTEN NOTIFICATION OF THESE SUBMISSIONS THAT WILL BE ISSUED BY THE DEPARTMENT.  Any comment on, or objection to, any item contained in this Weekly Bulletin should be presented to the Department within 10 calendar days of the date of this bulletin, unless a different time period is specified in the item.  More specifically, such comments or objections, including any that concern CRA-related applications, should be either 
(a) delivered by mail or in person to Office of the General Counsel, New York State Department of Financial Services, One State Street, New York, New York 10004-1417 before the stated deadline or (b) transmitted by 
email to [email protected].

SECTION II

This section records actions taken by the Superintendent of Financial Services, and other information concerning the activities of the Banking Division of the Department of Financial Services.  Actions relating to institutions supervised by Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services are listed in order of date of action; actions relating to institutions supervised by Mortgage Banking are listed at the end of Section II by type of action taken.

GENERAL INFORMATION

Each item in the Weekly Bulletin is identified by a two-letter code indicating the type of institution and a three-letter code indicating the unit of the Department which has supervisory responsibility for the institution.  The following is a list of the codes and their meanings:

Institution Codes

SECTION I
September 1, 2026 (pf-LFS)
IPFS OF NEW YORK, LLC U/A/N CAPITOL PAYMENT PLAN 
1055 Broadway, 11th Floor, Kansas City, Missouri 64105

A notification was received for the relocation of a branch office, as follows:
From:  1122 Lady Street, Suite 1100E, Colombia, South Carolina 29201
To:  1301 Gervais Street, Suite 1410, Columbia, South Carolina 29201

The publication of receipt of this notification does not indicate that the notification is deemed complete.  A notification is deemed complete and filed when all required and requested information has been provided to the Department by the licensee.

September 4, 2026 (BK-CRB)
ALMA BANK
28-31 31ST Street, Astoria, NY 11102
AMERICAN COMMUNITY BANK (BK-CRB)
300 Glen Street, Glen Cove, NY 11542

Application, pursuant to Section 601 of the Banking Law, for American Community Bank to merge with and into Alma Bank, with Alma Bank surviving the merger, received. (It is anticipated that immediately prior to the proposed merger, American Community Bancorp, Inc., the parent corporation of American Community Bank, will merge with and into American Community Bank.)

The comment period on this application will expire on October 12, 2026.

September 4, 2026 (BK-CRB)
AMERICAN COMMUNITY BANK 
300 Glen Street, Glen Cove, NY 11542  
AMERICAN COMMUNITY BANCORP, INC. 
300 Glen Street, Glen Cove, NY 11542 

Application, pursuant to Section 601 of the Banking Law, for American Community Bancorp, Inc. to merge with and into American Community Bank, with American Community Bank continuing as the surviving entity, received. (It is anticipated that immediately following the proposed merger, American Community Bank will merge with and into Alma Bank.)

The comment period for this application will expire on October 12, 2026.

Application to engage in the business of a Mortgage Banker under Article 12-D of the New York Banking Law received:

September 9, 2026 (MB-MBD)
Applicant(s)
Acquaviva Corp
Anthony Alan Acquaviva
MassMutual Ascend Life Insurance Company
Massachusetts Mutual Life Insurance Company
Petra Tionie Graham-Jones
Theresa Ann Johnson
As: NQM Funding, LLC
4800 N. Federal Hwy Bldg E., Ste 200, Boca Raton, FL 33431

Application to establish a Mortgage Banker's Branch received for examination:
 

September 8, 2026 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
1390 Coney Island Avenue, Ground Floor Store Front, Brooklyn, NY 11230

September 8, 2026 (MB-MBD)
Full Service Branch
Embrace Home Loans, Inc.
1 Holtec Drive, Suite 203, Marlton, NJ 08053

Application to establish a Mortgage Broker's Branch received for examination:
 

September 8, 2026 (BR-MBD)
Full Service Branch
Central Mortgage Group LLC
189-10 Hillside Avenue, Room 1, Hollis, NY 11423

Article 12-E Applications Received.  Individuals listed may not engage in mortgage loan origination activities prior to the approval of their application for licensing.  They must also complete all required education, testing and bonding requirements by the dates set forth in Part 420 of the Superintendent’s Regulations which may be found on the Department’s website.

SECTION II

September 3, 2026 (PF-LFS)
AXISPEAK CAPITAL LLC
127 E. Ridgewood Avenue, Ste 205, Ridgewood, New Jersey 07450

Application filed by AxisPeak Capital LLC to engage in business as a Premium Finance Agency pursuant to Article 12-B of the NYS Banking Law, was approved effective August 31, 2026.
 

September 8, 2026 (SF-LFS)
CAR FINANCIAL SERVICES, INC.
725 Primera Blvd., Suite 235, Lake Mary, FL 32746

Application for a change of control filed by SDA CAR Holdings, LLC. for 100% indirect ownership stake in CAR Financial Services, Inc., was approved on August 31, 2026.

September 10, 2026 (BP-LFS)
TAKE CHARGE AMERICA, INC.  
20430 North 19th Avenue, Suite B155, Phoenix, Arizona 85027  

The application for a license to engage in business as a budget planner at the following branch location was approved, effective September 10, 2026:

2 S. University Drive, Suite 326, Plantation, Florida 33324

License issued to engage in business as a Mortgage Banker Branch under Article 12-D of the New York Banking Law:
 

September 9, 2026 (MB-MBD)
Full Service Branch
Movement Mortgage, LLC
613 NW Loop 410, Ste 510, San Antonio, TX 78216

September 9, 2026 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
185 S Kimball Ave, Suite 130B, Southlake, TX 76092

Certificate issued to engage in business as a Mortgage Broker Branch under Article 12-D of the New York Banking Law:
 

September 9, 2026 (BR-MBD)
Full Service Branch
Go Rascal Inc.
8295 Tournament Drive, Suite 111, Memphis, TX 38125

Mortgage Banker Name Change:

September 8, 2026 (MB-MBD)
From: FM Home Loans, LLC D/B/A 
MR Capital Group
To: FM Home Loans, LLC
 

Mortgage Banker License Address Changes:

September 8, 2026 (MB-MBD)
FM Home Loans, LLC
From: 2329 Nostrand Avenue, 3rd Floor, Brooklyn, NY 11210
To: 2329 Nostrand Avenue, 3rd Floor and Suite 202, Brooklyn, NY 11210