Weekly Banking Bulletin

November 16, 2018

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 e-mail 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

BK Bank MB Mortgage Banker
BP Budget Planner BR Mortgage Broker
CC Check Casher MS Mortgage Servicer
CU Credit Union PF Premium Finance Agency
FA Foreign Agency PB Private Banker
FB Foreign Branch SD Safe Deposit Company
FR Foreign Representative Office SF Sales Finance Agency
HC Holding Company SL Savings and Loan Association
IC Investment Company SB Savings Bank
LL Licensed Lender TM Transmitter of Money
MK Merchant Bank TR Trust Company
MI Miscellaneous VC Virtual Currency

Regulatory Unit Codes

CM Capital Markets
CRB Community and Regional Banks
CEU Consumer Examination Unit
FWB Foreign and Wholesale Banks
LFS Licensed Financial Services
MBD Mortgage Banking

 

SECTION I

November 8, 2018 (MI-CRB)
ROYAL BUSINESS BANK
660 S. Figueroa Street, Suite 1888, Los Angeles, CA 90017

Application dated November 2, 2018 for permission to open and occupy a branch office at 135-34 Roosevelt Avenue, Flushing, Borough of Queens, City of New York 11354, received.

 

November 8, 2018 (TR-CRB)
BNB BANK
2200 Montauk Highway, Bridgehampton, New York 11932

Application dated November 5, 2018, for permission to change location of the branch office from 200 Middle Neck Road, Great Neck, Nassau County, New York 11021 to 98 Cuttermill Road, Great Neck, Nassau County, New York 11021, received.

 

November 13, 2018 (LL-LFS)
INTUIT FINANCING INC. D/B/A QUICKBOOKS CAPITAL
2700 Coast Avenue, Mountain View, Santa Clara County, CA 94043 

Application received for a license to engage in business as a licensed lender. 

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

 

November 16, 2018 (CU-CRB)
ACTION UNDER SECTION 12-a OF THE NEW YORK BANKING LAW

Notice pursuant to Section 12-a of the Banking Law of intent to permit, with the prior specific approval of the Superintendent, those New York State chartered-credit unions that have received a low income credit union designation from the Superintendent to accept secondary capital and nonmember deposits to the same extent that a federally chartered credit union with a low income designation is permitted under Sections 701.34 and 741.204 of the rules and regulations of the National Credit Union Administration, 12 C.F.R. §701.34 and §741.204.

 

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

November 14, 2018 (MB-MBD)
Full Service Branch
Fairway Independent Mortgage Corporation
49 West Merrick Road, Suite 200, Freeport, NY 11520

 

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.

DATE OF APPLICATION NMLS ID NAME OF APPLICANT CITY STATE

April 26, 2018

46462

Samantha Sharmila Khan

Valley Stream

New York

June 29, 2018

373950

Matthew Stephen Powell

Tempe

Arizona

August 1, 2018

1674246

Mary Levakis

Commack

New York

August 13, 2018

27282

Arthur Ryan Townsend

Twinsburg

Ohio

August 14, 2018

1626819

Thomas Michael Velten

Fairview Park

Ohio

September 27, 2018

1722097

David Lee Hammock

West Islip

New York

October 9, 2018

1770466

Xiaojing Ren

Bellerose

New York

October 11, 2018

1051558

Drew Nicholas Schoonmaker

East Northport

New York

October 12, 2018

376275

Savy Voeun

Garden Grove

California

October 16, 2018

1738239

Megan Cronin

Inlet

New York

October 18, 2018

1669750

Damion R. Jeenarine

Rocky Point

New York

October 18, 2018

1730795

Andy Bryan Cesti

Passaic

New Jersey

October 21, 2018

1768901

Joseph Halpert

Spring Valley

New York

October 23, 2018

1706855

Scott Blaauboer

Ballston Spa

New York

October 29, 2018

1543493

Elaine Marie Orsini

Watertown

Connecticut

November 1, 2018

1650577

Sean Michael Murphy

Ann Arbor

Michigan

November 6, 2018

1495210

Patrick Craig Gallagher

Cary

North Carolina

November 7, 2018

13654

Ronald Hecht Gordon

Philadelphia

Pennsylvania

November 7, 2018

1036096

Ryan John Sciolla

King of Prussia

Pennsylvania

 

SECTION II

November 8, 2018(TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, New York 14203

Authorization granting permission to open and occupy branch office at 1050 Shoppers Way, Largo, Prince George's County, MD 20774, surrendered for cancellation.

Office discontinued as of November 2, 2018.

 

November 9, 2018 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy branch office at 10693 Courthouse Road, Fredericksburg, Spotsylvania County, VA 22407, surrendered for cancellation.

Office discontinued as of June 5, 2018.

 

November 9, 2018 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Approval given to change the location of branch office from 1861 Wiehle Avenue, Reston, Fairfax County, VA 20190 to 1886 Metro Center Drive, Reston, Fairfax County, VA 20190, on or after November 10, 2018.

 

November 9, 2018
RHINEBECK BANCORP, MHC (HC-CRB)
2 Jefferson Plaza, Poughkeepsie, Dutchess County, New York 12601
RHINEBECK BANK (SB-CRB) 
2 Jefferson Plaza, Poughkeepsie, Dutchess County, New York 12601

Application, pursuant to Section 12-a of the Banking Law, for Rhinebeck Bancorp, MHC and Rhinebeck Bank to reorganize into a two-tier mutual holding company structure; whereby Rhinebeck Bank will become a wholly-owned subsidiary of Rhinebeck Bancorp, Inc., the mid-tier holding company, which will become a subsidiary of Rhinebeck Bancorp, MHC, approved. 

 

November 9, 2018 (FR-FWB)
BANCO DO BRASIL, S. A.
Saun Qd 5, lt B, Ed. BB, Torre Sul - 13º andar 70.040-912 Brasilia (DF), Brazil

Representative office license located at 709 Westchester Avenue, White Plains, New York 10604 surrendered on November 13, 2018. 

 

November 13, 2018 (TM-LFS)
NYDIG EXECUTION LLC                                                              
510 Madison Avenue, 21st Floor, New York, N. Y. 10022

Application to engage in the business of a transmitter of money, pursuant to Article XIII-B of the Banking Law, was approved, effective November 8, 2018.

 

November 13, 2018 (BK-CRB)
GENESEE REGIONAL BANK
1850 Winton Road South, Rochester, NY 14618

Approval given to change the location of branch office from 2300 West Ridge Road, Town of Greece, Monroe County, New York 14626 to 4180 West Ridge Road, Town of Greece, Monroe County, New York 14626, on or after November 14, 2018.

 

November 15, 2018 (CC-LFS)
WESTCHESTER CHECK CASHING INC.
One Saw Mill River Rd. Yonkers, New York 10701  

Effective November 13, 2018, license to engage in business as a casher of checks for the branch located at 177 Warburton Avenue, Yonkers, N.Y. 10701, was surrendered.

 

November 16, 2018 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC U/A/N THE CHECK CASHING PLACE U/A/N COMMUNITY FINANCIAL SERVICE CENTER 
560 Sylvan Avenue, Englewood Cliffs, NJ 07632

Application to relocate a licensed casher of checks from 723 Burke Avenue, Bronx, NY 10467 to 677 Allerton Avenue, Bronx, NY 10467, approved.

 

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

November 8, 2018 (MB-MBD)
American Financial Network, Inc.
10 Pointe Drive Suite 330, Brea, CA 92821

 

License to engage in the business of a Mortgage Banker surrendered:

November 9, 2018 (MB-MBD)
iServe Residential Lending, LLC
15015 Avenue of Science, Suite 250, San Diego, CA 92128
Effective Date: October 19, 2018

 

License to engage in the business of a Mortgage Banker Branch surrendered:

November 8, 2018 (MB-MBD)
MLD Mortgage Inc.   D/B/A Mortgage Lending Direct
The Money Store
224 Datura Street, Suite 800, West Palm Beach, FL 33401
Effective Date: September 12, 2018

Applications for licensing as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN.  The individuals listed may not engage in mortgage loan origination activity in New York State or on New York State residential property:

DATE APPLICATION WITHDRAWN NMLS ID NAME OF APPLICANT CITY STATE

November 7, 2018

242268

David Michael Karmann

Fountain Valley

California

November 7, 2018

909917

Shant Hmayag Palanjian

Novi

Michigan

November 7, 2018

978642

Michael James Lopiano

Irving

Texas

November 7, 2018

993316

Alison Lynn Levar

Roselle

Illinois

November 7, 2018

1004805

Jason Clark Moses

Centreville

Virginia

November 7, 2018

1192043

Tristan Ryan James Davidson

Indianapolis

Indiana

November 7, 2018

1264250

Ryan Patrick Schelble

Mesa

Arizona

November 7, 2018

1501651

David Grant Dugan

Tustin

California

November 7, 2018

1523173

Sean Leighton Gray

Litchfield Park

Arizona

November 7, 2018

1603586

Zachary James Rogers

Glendale

Arizona

November 7, 2018

1618283

Montiya Louis Thomas

Colton

California

November 7, 2018

1630662

Aree Nizar Said

Irvine

California

November 7, 2018

1664950

Andrew John Thom

Gloucester City

New Jersey

November 7, 2018

1675651

Lorena Hernandez Hernandez

Brownstown Township

Michigan

November 7, 2018

1687556

Timothy James Johnson

Madison Heights

Michigan

November 7, 2018

1687605

Jeremy Vean Frayer

Romulus

Michigan

November 7, 2018

1687686

Kristen Ashley Hedges

Trenton

Michigan

November 7, 2018

1687780

Gabby Kouder Eskamlaji

Dearborn

Michigan

November 7, 2018

1694988

Celenia Jeanette Soto

Maple Shade

New Jersey

November 7, 2018

1699236

Tiffany Ann Evans

Medford

New Jersey

November 7, 2018

1708041

Eric Michael Henry

Oak Park

Michigan

November 7, 2018

1720092

Mohamed Ibrahim Mzannar

Dearborn

Michigan

November 7, 2018

1731459

Anthony Joseph LaRosa

Saint Clair Shores

Michigan

November 7, 2018

1731716

Khoder Abd Hachem

Dearborn

Michigan

November 7, 2018

1739851

Jason Eric Carver

Roseville

California

 

Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York Banking Law.

DATE OF APPROVAL NMLS ID NAME OF APPLICANT CITY STATE SPONSORING ENTITY

November 6, 2018

137044

Desaree Carrell Waite

South Ozone Park

New York

Fairway Independent Mortgage Corporation

November 6, 2018

922585

Malgorzata Bulatewicz

Ludlow

Massachusetts

Norwich Commercial Group, Inc.

November 6, 2018

1731769

Nicholas Paul Chene

Clinton Township

Michigan

Quicken Loans Inc.

November 6, 2018

1771274

Katie Marie Nickerson

Columbia

Missouri

Mortgage Research Center, LLC

November 8, 2018

673469

Sahani Ekmini Dissanayake

Southfield

Michigan

Quicken Loans Inc.

November 8, 2018

1664629

Robert Douglas Cook

Detroit

Michigan

Quicken Loans Inc.

November 8, 2018

1720309

Brandon Hunter Lackey

Lincoln Park

Michigan

Quicken Loans Inc.

November 8, 2018

1726161

Matthew Nicholas Metaxas

Huntington

New York

South Fork Funding, Inc.

November 8, 2018

1730486

Albert Abbatiello

Scarsdale

New York

United Northern Mortgage Bankers Limited

November 8, 2018

1731486

Ila Glen Nichols

Bloomfield Hills

Michigan

Quicken Loans Inc.

November 8, 2018

1733785

Michael Robert Ball

Dearborn Heights

Michigan

Quicken Loans Inc.

November 8, 2018

1742294

Nicole Diane Bolen

Davison

Michigan

Quicken Loans Inc.

November 8, 2018

1742493

Ashia Shnee Williams

Detroit

Michigan

Quicken Loans Inc.

November 8, 2018

1742513

Jehanzeb Mahmood Basit

Sterling Heights

Michigan

Quicken Loans Inc.

November 8, 2018

1742541

Atalaya Dione Ellison

Canton

Michigan

Quicken Loans Inc.

November 8, 2018

1751722

David Joseph Kott

Ferndale

Michigan

Quicken Loans Inc.

November 8, 2018

1752688

Brandon LaNerre Briscoe

Ypsilanti

Michigan

Quicken Loans Inc.

November 8, 2018

1762758

Anthony Hanna

Clinton Township

Michigan

Quicken Loans Inc.

November 14, 2018

1288530

Carl A. Giangrande

Whitestone

New York

East Coast Capital Corp.