Weekly Banking Bulletin

December 7, 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 28, 2018 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, NJ 07078

Notice of intention to close branch office at 1752 Veterans Highway, Islandia, Suffolk County, NY 11749, received.

The comment period on this notice will expire on January 7, 2019.

 

November 29, 2018 (TR-CRB)
ORANGE BANK & TRUST COMPANY
212 Dolson Avenue, Middletown, NY 10940

Application dated November 20, 2018, for permission to change the location of branch office from 5-7 West Cross Street, Suite 7A, Hawthorne, Town of Mount Pleasant, Westchester County, New York 10532 to 859-861 Franklin Avenue, Thornwood, Town of Mount Pleasant, Westchester County, New York 10594, received.

 

December 3, 2018 (LL-LFS)
LENDINGCLUB CORPORATION
71 Stevenson Street, Suite 300, San Francisco, California 94105

Application was received for a license to operate a branch office at 71 Stevenson Street, Suite 1000, San Francisco, California 94105.

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.

 

December 3, 2018 (TM-LFS)
CUSTOM HOUSE USA, LLC DBA WESTERN UNION BUSINESS SOLUTIONS
7001 E. Belleview Avenue, Mailstop: DTC 3, Denver, Colorado 80237

Notification received for the legal name change to Western Union International Services, LLC.

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.

 

December 4, 2018 (MI-CRB)
SUNTRUST Bank
303 Peachtree Street, N. E., Atlanta, Georgia 30308

Application dated November 30, 2018, for permission to open and occupy a branch office at 620 Fifth Avenue, Second Floor, Borough of Manhattan, City of New York 10020, received.

(The activities of this branch office will be limited to the solicitation of loans and deposit products. The branch will not engage in deposit-taking activities and no funds will be disbursed.)

 

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

December 4, 2018 (MB-MBD)
Full Service Branch
American Financial Network, Inc.
500 Craig Road, Suite #202, Manalapan, NJ 07726

 

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

December 3, 2018 (BR-MBD)
Full Service Branch
WC Financial in lieu of Warshaw Capital, LLC
33 Whitney Avenue, Unit #2B, New Haven, CT 06510

 

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

 

November 8, 2018

67469

Steven Baritz

Lake Grove

New York

November 9, 2018

1492824

Ndae Radwan

Cleveland

Ohio

November 9, 2018

1787906

Kayla Rae McConnell

Selden

New York

November 14, 2018

71687

Tracy Diane Sonney

Matthew

North Carolina

November 19, 2018

1735721

Walter Elias Guzman

Bay Shore

New York

November 27, 2018

849273

Justin Erich Smith

Charlotte

North Carolina

November 28, 2018

1392457

Timothy Joseph Devens

Warrington

Pennsylvania

November 28, 2018

1542039

Alison Rose Robertson

Cheltenham

Pennsylvania

 

 

 

SECTION II

November 28, 2018 (SB-CRB)
FIRST CENTRAL SAVINGS BANK
70 Glen Street, Glen Cove, NY 11542

The Superintendent’s final approval of the “Certificate of Amendment of the Organization Certificate of First Central Savings Bank under Section 8005 of the Banking Law” was granted.

The amendment provides for an increase in the number of authorized shares of capital stock to 12,750,000 shares, all with par value of $5.00 each share.

 

November 28, 2018 (MI-CRB)
KEARNY BANK
614 Kearny Avenue, Kearny, New Jersey 07032

Approval given to change the location of the branch office from 339 Sand Lane, Borough of Staten Island, City of New York 10305 to 1400 Hylan Boulevard, Borough of Staten Island, City of New York 10305, on or after November 29, 2018.

 

November 29, 2018 (SF-LFS)
KYLE SHULTS
3800 Fluvanna Townline, Jamestown, Chautauqua County, NY 14701

Application filed by Kyle Shults to acquire 49% of Shults Oldsmobile Cadillac Pontiac Inc. dba Auto Credit., a NYS Sales Finance Company located at 1315 Washington St. Jamestown, NY 14701 was approved effective November 29, 2018.

 

November 30, 2018 (MI-CRB)
ROYAL BUSINESS Bank
660 S. Figueroa Street, Suite 1888, Los Angeles, California 90017

Authorization issued to open and occupy a branch office at 135-34 Roosevelt Avenue, Flushing, Borough of Queens, City of New York 11354, on or after December 1, 2018.

 

November 30, 2018 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354
NEW YORK COMMERCIAL BANK (BK-CRB)
One Suffolk Square, Islandia, NY 11749

The Superintendent of Financial Services has filed, pursuant to the provisions of Section 601-b of the Banking Law, as of 5:00 p.m., November 30, 2018, Plan of Bank Merger, dated as of October 20, 2015, and other required documents, providing for the merger of New York Commercial Bank with and into New York Community Bank, under the name New York Community Bank.

The following banking offices of New York Commercial Bank have become branch offices of New York Community Bank:

1601 Veterans Highway, Suite 120, Islandia, Suffolk County, New York 11749
400 West Main Street, Suite 100, Babylon, Suffolk County, New York 11702
50 Route 111, Suite 105, Smithtown, Suffolk County, New York 11787
900 Merchants Concourse, Suite 102, Westbury, Nassau County, New York 11590
950 Montauk Highway, Shirley, Suffolk County, New York 11967
3425 Veterans Memorial Highway, Ronkonkoma, Suffolk County, New York 11779
610 Broadhollow Road, Melville, Suffolk County, New York 11747
720 Grand Blvd., Deer Park, Suffolk County, New York 11729
350 Motor Parkway, Suite 105, Hauppauge, Suffolk County, New York 11788
15 Maiden Lane, Borough of Manhattan, City of New York 10038
29-10 Ditmars Boulevard, Astoria, Borough of Queens, City of New York 11105
33-12 30th Avenue, Astoria, Borough of Queens, City of New York 11103
196-21 Northern Boulevard, Flushing, Borough of Queens, City of New York 11358
36-10 Broadway, Astoria, Borough of Queens, City of New York 11106
7709 13th Avenue, Borough of Brooklyn, City of New York 11228
936 Third Avenue, Borough of Manhattan, City of New York 10022
405 Park Avenue, Borough of Manhattan, City of New York 10022
1759 Central Park Avenue, Yonkers, Westchester County, New York 10710
2320 Central Park Avenue, Yonkers, Westchester County, New York 10710
780 Palisade Avenue, Yonkers, Westchester County, New York 10703
1 Manor House Square, Yonkers, Westchester County, New York 10701
8010 Fifth Avenue, Borough of Brooklyn, City of New York 11209
265 North Broadway, Hicksville, Nassau County, New York 11801
404 Park Avenue South, Borough of Manhattan, City of New York 10016
4246 Broadway, Borough of Manhattan, City of New York 10033
30-75 Steinway Street, Astoria, Borough of Queens, City of New York 11103
8622 Bay Parkway, Borough of Brooklyn, City of New York 11214
478 5th Avenue, Borough of Brooklyn, City of New York 11215
1608 Kings Highway, Borough of Brooklyn, City of New York 11229
41-11 Bell Boulevard, Bayside, Borough of Queens, City of New York 11361

 

December 3, 2018 (TM-LFS)
ENVIOS DE VALORES LA NACIONAL CORP.
566 W 207th Street, New York, New York 10034

Notification of change of headquarters location from 566 West 207th Street, New York, New York 10034 to 7901 Southpark Plaza, Suite 216, Littleton, Colorado 80120 approved effective November 19, 2018.

 

December 4, 2018 (SB-CRB)
NEW YORK COMMUNITY BANK
136-65 Roosevelt Avenue, Flushing, NY 11354

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 193-01 Northern Boulevard, Flushing, Borough of Queens, City of New York 11358 will not result in a significant reduction of banking services in the community to be affected.

 

December 5, 2018 (TR-CRB)
BANCO POPULAR NORTH AMERICA
11 West 51st Street, New York, NY 10019

Bulletin item dated December 5, 2017, which appeared in the Weekly Bulletin dated December 17, 2017, advising of the approval to change the location of the branch office at 752 East Tremont Avenue, Borough of Bronx, City of New York 10460 to 645 East Tremont Avenue, Borough of Bronx, City of New York 10457, is corrected to read as follows:

Approval given to change the location of the branch office at 752 East Tremont Avenue, Borough of Bronx, City of New York 10460 to 641 East Tremont Avenue, Borough of Bronx, City of New York 10457.

 

December 7, 2018 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC U/A/N THE CHECK CASHING PLACE; U/A/N CFSC; U/A/N COMMUNITY FINANCIAL SERVICE CENTER (NYCF)
560 Sylvan Avenue, Suite 2010, Englewood Cliffs, NJ 07632

Application to relocate the head office to 10 Elizabeth Street, Suite 2010, River Edge, NJ 07661 was approved.

 

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

December 5, 2018 (MB-MBD)
Full Service Branch
Total Mortgage Services, LLC
1221 New Haven Road, Suite 1, Naugatuck, CT 06770

December 5, 2018 (MB-MBD)
Full Service Branch
Fairway Independent Mortgage Corporation
49 West Merrick Road, Suite 200, Freeport, NY 11520

 

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

November 29, 2018 (MB-MBD)
Kyanite Services, Inc.
4600 25th Avenue NE, Suite 160, Unit 3-113, Salem, OR 97301
Effective Date: November 28, 2018

 

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

December 3, 2018 (BR-MBD)
Platinum Mortgage Inc.
900 South Avenue, Suite 58/59, Staten Island, NY 10314
Effective Date: August 7, 2018

 

Mortgage Banker License Name Changes:

November 29, 2018 (MB-MBD)
From: Nationwide Mortgage Bankers, Inc.
To: Nationwide Mortgage Bankers, Inc. D/B/A Americasa Home Loans

 

Mortgage Banker License Address Changes:

December 5, 2018 (MB-MBD)
Omega Financial Services Inc.
From: 1872 Morris Avenue, Union, NJ 07083
To: 1185 Morris Avenue, 2nd floor & 3rd floor, Union, NJ 07083

 

Mortgage Banker Branch License Address Changes:

December 5, 2018 (MB-MBD)
1st Priority Mortgage, Inc.
From: 600 North Greenbush Road, Rensselaer, NY 12144
To: 102 Van Rensselaer Square, Suite L-1, Rensselaer, NY 12144

December 5, 2018 (MB-MBD)
Mortgage World Bankers, Inc.
From: 2658 Coney Island Avenue, 1st Floor, Brooklyn, NY 11223
To: 2612 East 16th Street, Brooklyn, NY 11235

December 5, 2018 (MB-MBD)
Homestead Funding Corp.
From: 2210 Monroe Avenue, Rochester, NY 14618
To: 3445 Winton Place, Suite 121, Rochester, NY 14623

 

Mortgage Broker Branch Certificate Address Changes:

December 5, 2018 (BR-MBD)
A.S.A.P. Mortgage Corp.
From: 914 McLean Avenue, Store 1, Yonkers, NY 10704
To: 382 Mamaroneck Avenue, White Plains, NY 10605