Weekly Banking Bulletin

November 30, 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 2, 2018 (FR-FWB)
UNITED BANK LIMITED
State Life Building, No.1 - 8th Floor, I.I. Chundrigar Road, Karachi, 74000 Pakistan 

Notice to voluntarily surrender branch license at 80 Broad Street, 19th Floor, New York, New York 10004 received.  

 

November 8, 2018 (LL-LFS)
LENDINGCLUB CORPORATION
71 Stevenson Street - Suite 300, San Francisco, California 94105  

Notification received for a change of main address from 71 Stevenson Street - Suite 300, San Francisco, California 94105 to 595 Market Street - Suite 200, San Francisco, California 94105.

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.

 

November 30, 2018 (CC-LFS)
JAY PAYROLL SERVICE, INC.
203 West 28th Street, New York, New York 10001

Application was received to relocate a licensed casher of checks from 203 West 28th Street, New York, New York 10001 to 257 West 19th Street, New York, New York 10011.

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 licensee.

Any comments or objections should be submitted within ten business days, by December 14, 2018.

 

November 30, 2018 (CC-LFS)
UNIVERSAL CHECK CASHING CORP.
306B North Main Street, Hillcrest, New York 10977

Application was received to relocate a licensed casher of checks from 250-252 Genesee Street, Utica, New York 13502 to 333 B Genesee Street, Utica, New York 13501.

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 licensee.

Any comments or objections should be submitted within ten business days, by December 14, 2018.

 

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

November 28, 2018 (MB-MBD)
Full Service Branch
Total Mortgage Services, LLC
1221 New Haven Road, Suite 1, Naugatuck, CT 06770

 

Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:

November 28, 2018 (BR-MBD)
Applicant(s)
ACN 081 035 752 Pty Ltd
Computershare Canada Inc
Computershare Finance Company Pty Ltd
Computershare Holdings Inc.
Computershare Investor Services Inc.
Computershare Limited
Computershare Mortgage Services LLC
Computershare US
Computershare US Investments LLC
Computershare US Services Inc.
David John Vida, Jr.
Nicholas Stuart Robert Oldfield
To acquire interest in:
Lenderlive Network, LLC   D/B/A LL Network
710 South Ash Street, Suite 200, Glendale, CO 80246

 

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

October 19, 2017

728838

James Patrick McGrail

Branchburg

New Jersey

August 3, 2018

34246

Scott Robert Sheedy

Westland

Michigan

September 4, 2018

1725310

Jacob Malik

Brooklyn

New York

September 13, 2018

140265

Stephen Joseph Hornatko

Baltimore

Maryland

September 26, 2018

187724

Nicholas Gallicchio

Union

New Jersey

October 16, 2018

602656

Christian Stanziale

Oyster Bay

New York

October 18, 2018

1778820

Liba Reifer

Brooklyn

New York

October 24, 2018

303722

Kevin Delgaudio

Brooklyn

New York

October 29, 2018

1774609

Brian Mitchell Levine

Huntington Station

New York

October 30, 2018

1781186

Sara Moskowitz

Brooklyn

New York

November 6, 2018

113113

Craig Gilbert Taylor

Simsbury

Connecticut

November 7, 2018

1787909

Daniel Lloyd Mann

Farmingville

New York

November 9, 2018

1747744

Nabid Islam

Westbury

New York

November 9, 2018

1787912

Ashvin Valliappan

Huntington

New York

November 12, 2018

1771048

Adedamola Abayomi Ademola-Olaniran

Southfield

Michigan

November 12, 2018

1771139

Blake Hunter Freeman

Commerce Township

Michigan

November 12, 2018

1771151

Brandon Michael Alafriz

Macomb

Michigan

November 12, 2018

1771351

Dylan Joseph Haviland

Novi

Michigan

November 12, 2018

1783030

Christian Joseph Utica

Swartz Creek

Michigan

November 12, 2018

1783061

Megan Lee Navarro

St. Clair Shores

Michigan

November 12, 2018

1783070

Crystian Alejandro Segura Cardenas

Detroit

Michigan

November 12, 2018

1783132

Andrew David Skuzenski

Saline

Michigan

November 12, 2018

1783134

Michael Alva Marshall

Farmington Hills

Michigan

November 12, 2018

1783149

Derek Wester Staples

Detroit

Michigan

November 12, 2018

1783344

Brendan James Edward Pococke

Harrison Township

Michigan

November 12, 2018

1783350

Brendan Alexander Vorobiev

Ann Arbor

Michigan

November 12, 2018

1783360

Scott Omar Poncedeleon

St. Clair Shores

Michigan

November 13, 2018

1771041

Kyle Tanner Aerne

Detroit

Michigan

November 14, 2018

1603259

Jessica Elizabeth Hastings

Ridgefield

Connecticut

November 14, 2018

1783088

Zain Sheikh

Fraser

Michigan

November 15, 2018

23011

Andrew Moore

Walled Lake

Michigan

November 15, 2018

986858

Rachael M. Nichols

Newport

Michigan

November 16, 2018

198487

Alfonso Messina

Bay Village

Ohio

November 16, 2018

216683

Troy Sears

Staten Island

New York

November 16, 2018

1418692

Nicolas Roberto Toscano

Gilbert

Arizona

November 16, 2018

1650133

Cornelius Tolu Pewu

Cleveland Heights

Ohio

November 16, 2018

1673607

Lora Fulton Rhue

Clemmons

North Carolina

November 16, 2018

1720733

Michael Louis Federico

Willoughby

Ohio

November 16, 2018

1731738

Jennifer Faye Beckman

North Canton

Ohio

November 16, 2018

1742344

Kyle Phillip Bennett

Brook Park

Ohio

November 16, 2018

1742438

Ryan William Neureuter

Cleveland

Ohio

November 16, 2018

1751889

Samuel Clifford Breiter

Cleveland

Ohio

November 16, 2018

1762718

Adam Michael O'Brien

Wooster

Ohio

November 16, 2018

1762733

Brandon David Tunnell

Mentor

Ohio

November 16, 2018

1762914

Daniel Robert Biron

Lakewood

Ohio

November 16, 2018

1771477

Trenton Michael Krol

Olmsted Falls

Ohio

November 16, 2018

1782998

Eric Gregory Swoyer

Detroit

Michigan

November 16, 2018

1783405

Amanda Elise Ross

North Olmsted

Ohio

November 16, 2018

1783410

Anthony Joseph Castellani

Shaker Heights

Ohio

November 16, 2018

1783511

Mark Glenn Sweet

Cuyahoga Falls

Ohio

November 16, 2018

1783515

Matthew Paul Sporich

Akron

Ohio

November 16, 2018

1783517

Max Ellis Silverblatt

Seven Hills

Ohio

November 16, 2018

1783518

Michael Anthony Glowski

Strongsville

Ohio

November 16, 2018

1783530

Sarah Elizabeth Roulston

Bay Village

Ohio

November 19, 2018

697524

Edmund Thomas McHugh

Hopewell Junction

New York

November 19, 2018

844465

Jacki Haynes

Leesburg

Virginia

November 20, 2018

121572

Kenneth Byron Henry

Brookhaven

Pennsylvania

November 20, 2018

1708147

Daniel Vincent Paladino

Northfield

Ohio

November 20, 2018

1783142

Tyler Michael McCrum

Clark Lake

Michigan

November 21, 2018

33348

Kelley Wells

Berea

Ohio

November 26, 2018

1450797

Michael Orlando Knudsen

Charlotte

North Carolina

November 26, 2018

1712104

Brooke Alyse Howell

Charlotte

North Carolina

 

SECTION II

November 27, 2018 (MI-CRB)
STIFEL BANK
8000 Maryland Avenue, Suite 100, Clayton, MO 63105

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 787 Seventh Avenue, Borough of Manhattan, City of New York 10019.

 

November 30, 2018 (TM-LFS)
ADVIDXCHANGE, INC.
1210 AvidXchange Lane, Charlotte, NC 28206

Application to engage in the business of a transmitter of money, pursuant to Article XIII-B of the Banking Law, was approved effective November 29, 2018.

 

November 30, 2018 (CC-LFS)
HAO YUN GOOD LUCK CORP. D/B/A 18TH AVENUE CHECK CASHING.
6113-A 18th Avenue, Brooklyn, NY 11204

Application to relocate a Branch from 6113-A 18th Avenue, Brooklyn, NY 11204 to 5921 18th Avenue, Brooklyn, NY 11204 was approved.

 

Certificate to engage in the business of a Mortgage Broker surrendered:

November 26, 2018 (BR-MBD)
STAR HOME INC.
127-02 135 Avenue, South Ozone Park, NY 11420
Effective Date: October 16, 2018

 

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

November 23, 2018 (MB-MBD)
Home Point Financial Corporation
4 Gatehall Drive, 2nd Floor, Suite #217, Parsippany, NJ 07054-4522
Effective Date: November 21, 2018

November 23, 2018 (MB-MBD)
Silvermine Ventures, LLC D/B/A Thoroughbred Mortgage
185 Plains Road, Suite #300W, Milford, CT 06461
Effective Date: November 20, 2018

November 28, 2018 (MB-MBD)
Quik Fund, Inc.
600 Sylvan Avenue, Suite #310, Englewood Cliffs, NJ 07632
Effective Date: November 28, 2018

 

The following registered Mortgage Broker has entered into a Settlement Agreement with the Department on November 14, 2018, in lieu of a hearing for a fine or revocation of its mortgage broker registration to settle violations of Part 38 of the General Regulations of the Superintendent for failure to comply with regulatory notification requirements; Part 410 of the Superintendent’s Regulations and Section 597 of the New York Banking Law for failure to maintain adequate books and records; Part 420 of the Superintendent’s Regulations and Section 599 of the New York Banking Law for failure to file quarterly reports of Mortgage Loan Originator’s employment status; and Section 380-B of the New York General Business Law for failure to provide consumers with required loan disclosure documents.  The Settlement Agreement terms and conditions include a fine of $7,500.

November 26, 2018 (BR-MBD)
Washington Equities Mortgage Corp.
2949 Long Beach Road, Suite 1 & 11-14, Oceanside, NY 11572