Weekly Banking Bulletin

May 17, 2019

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

May 1, 2019
BAKKT TRUST COMPANY LLC (TR-CM)
55 East 52nd Street, 41st Floor, New York, NY 10055

Articles of Organization received.

ORGANIZERS:

Sharon Y. Bowen New York, NY
Kelly Loeffler Atlanta, GA
Frederic V. Salerno Hobe Sound, FL
Vincent Tese New York, NY
Adam White New York, NY

May 1, 2019 (BK-CRB)
GOLD COAST BANK
2929 Expressway Drive North, Islandia, NY 11749

Notice of intention to close branch office at 176 Myrtle Avenue (formerly 81 Fleet Place), Borough of Brooklyn, City of New York 11201, received.

The comment period on this notice will expire June 3, 2019.


May 3, 2019 (MI-CRB)
CATHAY BANK
777 North Broadway, Los Angeles, CA 90012

Application dated April 26, 2019, for permission to change the location of branch office from 129 Lafayette Street, Borough of Manhattan, City of New York 10013 to 159 Canal Street, Borough of Manhattan, City of New York 10002, received.


May 6, 2019 (CU-CRB)
AMERICU CREDIT UNION
1916 Black River Boulevard, Rome NY 13440

Application dated April 23, 2019, for permission to change the location of its station from 4585 W. Seneca Turnpike, Syracuse, NY 13215 to 4865 W. Seneca Turnpike, Syracuse, NY 13125, received.


May 13, 2019 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, New York 14203

Notice of intention to establish electronic facilities (automated teller machines) at 5750 West Northern Parkway, City of Baltimore, MD 21215, received.


May 16, 2019 (MT-LFS)
PAYSAFE GROUP HOLDINGS LIMITED
Level 27, 25 Canada Square, London, E14 5LQ United Kingdom

Application received from Paysafe Group Holdings Limited to acquire 100% ownership interest in Skrill USA, Inc., a NYS money transmitter.

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.


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

May 15, 2019 (MB-MBD)
Applicant(s)
Hang S Kim
Jonathon Hyunwook Park
Kenneth Gyunam Jo
Ryan Haeng Min Min Kim
Shick Yoon
The AmWest Group
As: AmWest Funding Corp.
3 Pointe Drive, Suite 120, Brea, CA 92821


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

May 15, 2019 (MB-MBD)
Full Service Branch
Luxury Mortgage Corp.
605 Kennedy Boulevard, 2nd Floor, North Bergen, NJ 07047

May 15, 2019 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, Inc.
4407-11 Park Ave, Suites 1-2 [ Rooms 1-5], Union City, NJ 07087

May 15, 2019 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
1661 Worthington Road, Suite 150, West Palm Beach, FL 33409

May 15, 2019 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
12802 Science Dr., Suite 130, Orlando, FL 32826

May 15, 2019 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
16675 Addison Rd., Suite 100-B, Addison, TX 75001

May 15, 2019 (MB-MBD)
Full Service Branch
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
1661 Worthington Road, Suite 100 B, West Palm Beach, FL 33409


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 NO. NAME OF APPLICANT CITY STATE

November 21, 2018

1801146

Nuchem Fried

Monsey

New York

March 13, 2019

697202

Randall Charles Oestreich

Warminster

Pennsylvania

March 15, 2019

1814170

Mei Shan Ng

Bayside

New York

March 22, 2019

878352

Olive Yeku Njombua

Frisco

Texas

March 27, 2019

1296922

Younesse Bernaki

Bloomfield

New Jersey

April 5, 2019

1834891

Viante R. Fruit

Cleveland Heights

Ohio

April 19, 2019

745515

Lyamber Zorana Nguyen Welsh

Orlando

Florida

April 20, 2019

910752

David Roberts

Staten Island

New York

April 22, 2019

1578548

Brendan Matthew Gvora

Eastlake

Ohio

April 23, 2019

586431

Hang S. Kim

Rowland Heights

California

April 24, 2019

1735926

Nicole H. Sinacola

Ortonville

Michigan

April 26, 2019

646231

John William Watson

Jacksonville

Florida

April 26, 2019

1332816

Thomas Jason Phillips

Jacksonville

Florida

April 26, 2019

1675388

Shirelle Nuthunia Bunche

Willingboro

New Jersey

April 26, 2019

1771495

Adam Jeffrey Scarzo

Indianapolis

Indiana

April 26, 2019

1781964

Vanesa LaShawn Francis

Aubrey

Texas

April 26, 2019

1812817

Charles Ray Bean

Arlington

Texas

April 26, 2019

1812824

Francis Xavier McCarthy

Grapevine

Texas

April 26, 2019

1812844

Javier Lopez Garcia

Carrollton

Texas

April 26, 2019

1834917

Jacob Douglas Volway

Belleville

Michigan

April 29, 2019

1008557

Tracy Ann Bouslog

Anderson

Indiana

April 29, 2019

1015674

Kevin Leroy Harris

Harrisburg

North Carolina

April 29, 2019

1822099

Anna Smirnova Osetek

Enfield

Connecticut

April 30, 2019

514054

William James Mellinger

Delaware

Ohio

April 30, 2019

625363

Dmitriy Oterin

Brooklyn

New York

April 30, 2019

1416569

John Mark Knox

Foristell

Missouri

April 30, 2019

1450321

Kerry Wayne Lucas

Jacksonville

Florida

May 1, 2019

220550

Monika Anne Jones

Fishers

Indiana

May 1, 2019

1803273

Nykell Marie Smith

Cuyahoga Falls

Ohio

May 1, 2019

1813426

Jacob Knopp

Cleveland

Ohio

May 1, 2019

1824358

Desiree Lynn Cary

Cleveland

Ohio

May 2, 2019

1824345

Amanda Jo Brezina

Lorain

Ohio

May 2, 2019

1834846

Chad Joseph Short

Mentor

Ohio

May 2, 2019

1834854

Jordan Horst

Aurora

Ohio

May 2, 2019

1845748

Casandra Aponte

Cleveland

Ohio

May 2, 2019

1845777

Westley Scott Hoag

Brunswick

Ohio

May 2, 2019

1845798

Rhonda M. Lee

Cleveland

Ohio

May 2, 2019

1845827

Michael Anthony Minyard

Parma Heights

Ohio

May 2, 2019

1845830

Ahmad Haithem Musa

Rocky River

Ohio

May 2, 2019

1845842

Alexandra Rae Volkman

Parma Heights

Ohio

May 3, 2019

1731635

Anne Patricia Saxon

Norton

Ohio

May 6, 2019

4163

Janice Sue Kindel

Flower Mound

Texas

May 6, 2019

1063901

Tiron Sela

Manalapan

New Jersey

May 6, 2019

1675498

Anne C. Ryoo

Ridgewood

New Jersey

May 6, 2019

1747881

Marvin Hernandez

Coconut Creek

Florida

May 6, 2019

1756288

Desmond French Budwah

Pembroke Pines

Florida

May 6, 2019

1801059

Stephen Neil Buckley

Davie

Florida

May 6, 2019

1824403

Daniel Ryan Guastella

Solon

Ohio

May 7, 2019

169396

Gregory William Bartolotti

Boynton Beach

Florida

May 7, 2019

922359

Jeffrey Carlton Whedbee

Concord

North Carolina

May 7, 2019

1054302

Marina Borisovna Keselman

Chandler

Arizona

May 7, 2019

1522796

Jacobo Gonzalez

Wellington

Florida

May 7, 2019

1701029

Nicole Taylor Adamson

Manteno

Illinois

May 7, 2019

1827757

Allison Burkeholder McGough

Columbia

Missouri

May 7, 2019

1834843

Chad Wintner McNamee

Pepper Pike

Ohio

May 7, 2019

1834877

Lauren Letizio

Cleveland

Ohio

May 7, 2019

1839788

Matthew Russell Chapin

Columbia

Missouri

May 7, 2019

1845757

Ryan Lawrence Ault

South Euclid

Ohio

May 8, 2019

1610228

Cynthia Sue Rohlen

Concord

North Carolina

May 8, 2019

1671396

Candace Adine Tabb

Charlotte

North Carolina

May 8, 2019

1721920

Lissette Marie Fernandez

Margate

Florida

May 9, 2019

1038423

Joseph Eugene McElyea

Carmel

Indiana

May 9, 2019

1675593

Lea Frederick Fitzgerald Lofton

Lumberton

New Jersey

May 9, 2019

1720259

Christopher Michael Gardiner

Columbia

Missouri


SECTION II

April 26, 2019 (TR-CM)
DRIVETRAIN TRUST COMPANY LLC  
630 Third Avenue, 21st Floor, New York, NY 10017

Approval given to change the out of state trust office from 630 Third Avenue, 21st Floor, Borough of Manhattan, City of New York 10017 to 410 Park Avenue, Suite 900, Borough of Manhattan, City of New York 10022.


May 10, 2019 (MI-CRB)
AMERICAN INTERNATIONAL BANK LLC
Popular Center, 208 Ponce de Leon Avenue, Suite 1400, San Juan, PR 00918

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 875 3rd Avenue, Suite M 204A, Borough of Manhattan, City of New York 10022.


May 13, 2019 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY  14203

Authorization issued to open and occupy a branch office at Atlantic Health Jets Training Center, 1 Jets Drive, Florham Park, Bergen County, New Jersey 07932 for the limited purpose of opening accounts, on or after May 14, 2019.

(This branch is to be in operation periodically at this location.)


May 14, 2019 (MI-CRB)
HANMI BANK
3660 Wilshire Blvd., PH-A, Los Angeles, CA 90010

Notification received, in accordance with Supervisory Policy G 8, of the relocation of representative office from 188-16 Northern Boulevard, Second Floor East Unit, Flushing, Borough of Queens, City of New York 11358 to 204-08/10 Northern Boulevard, 2nd Floor, Bayside, Borough of Queens, City of New York 11361, effective May 10, 2019.


May 14, 2019 (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 460 Franklin Avenue, Franklin Square, (Unincorporated Area) Town of Hempstead, Nassau County, New York 11010, will not result in a significant reduction of banking services in the community to be affected.


May 14, 2019
PIONEER SAVINGS BANK (SB-CRB)
652 Albany-Shaker Road, Albany, New York 12211

Applications, pursuant to Sections 12-a, 14-e, 143-b, 601-b and 290 et seq. of the Banking Law, for Pioneer Savings Bank to reorganize into a two-tier mutual holding company structure, conditionally approved.

The reorganization, Pioneer Savings Bank will convert from a mutual savings bank to a stock-form savings bank and will become a wholly-owned subsidiary of Pioneer Bancorp, Inc., which in turn will be a majority-owned subsidiary of Pioneer Bancorp, MHC, a New York State-chartered mutual holding company (in-formation).


May 16, 2019
PIONEER INTERIM BANK I (SB-CRB)
652 Albany-Shaker Road, Albany, New York 12211

Organization Certificate filed for examination.

INCORPORATORS

Thomas L. Amell Ballston Lake, New York
Eileen C. Bagnoli Ballston Lake, New York
Donald E. Fane Troy, New York
James K. Reed Cohoes, New York
Edward Reinfurt Albany, New York
Frank C. Sarratori Loudonville, New York
Madeline Taylor Oxnard, California

Pioneer Interim Bank I is being organized as a wholly-owned subsidiary of Pioneer Savings Bank, as part of the reorganization of Pioneer Savings Bank into a two-tier mutual holding company structure. The reorganization, Pioneer Interim Bank I will become Pioneer Bancorp, MHC, a New York State-chartered mutual holding company. Pioneer Savings Bank will convert from a mutual savings bank to a stock-form savings bank and will become a wholly-owned subsidiary of Pioneer Bancorp, Inc., which in turn will be a majority-owned subsidiary of Pioneer Bancorp, MHC.


May 16, 2019
PIONEER INTERIM BANK II (SB-CRB)
652 Albany-Shaker Road, Albany, New York 12211

Organization Certificate filed for examination.

INCORPORATORS

Thomas L. Amell Ballston Lake, New York
Eileen C. Bagnoli Ballston Lake, New York
Donald E. Fane Troy, New York
James K. Reed Cohoes, New York
Edward Reinfurt Albany, New York
Frank C. Sarratori Loudonville, New York
Madeline Taylor Oxnard, California

Pioneer Interim Bank II is being organized as a wholly-owned subsidiary of Pioneer Interim Bank I (in-formation), as part of the reorganization of Pioneer Savings Bank into a two-tier mutual holding company structure. Pioneer Interim Bank II will be merged with and into Pioneer Savings Bank.  Pioneer Savings Bank will convert from a mutual savings bank to a stock-form savings bank and will become a wholly-owned subsidiary of Pioneer Bancorp, Inc., which in turn will be a majority-owned subsidiary of Pioneer Bancorp, MHC, a New York State-chartered mutual holding company (in-formation).


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

May 9, 2019 (MB-MBD)
Hudson Nationwide Lending LLC
100-02 101st Avenue, Suite 300, Ozone Park, NY 11416


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

May 14, 2019 (BR-MBD)
Wall Street Lending Corporation D/B/A Main Street Money
17000 17 Mile Road, Suite 100, Clinton Township, MI 48038

May 14, 2019 (BR-MBD)
Capital Home Funding LLC D/B/A Capital Home Partners
3711 Main St, Suite A, Warrensburg, NY 12885

May 14, 2019 (BR-MBD)
Capital M Inc.
48 Bakertown Rd. Suite 303, Monroe, NY 10950


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

May 15, 2019 (MB-MBD)
Full Service Branch
Emigrant Mortgage Company, Inc.
95-20 63rd Road, Suite T, 2nd Floor, Rego Park, NY 11374

May 15, 2019 (MB-MBD)
Full Service Branch
Royal United Mortgage, LLC
4770 Duke Drive, Suite 201, Mason, OH 45040


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

May 15, 2019 (BR-MBD)
Full Service Branch
Neighborhood Assistance Corporation of America
5855 Executive Center Drive, Suite # 400, Charlotte, NC 28212


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

May 9, 2019 (BR-MBD)
The Northpoint Group, Inc.  D/B/A Northpoint
100-02 101st Avenue, Suite 100, Ozone Park, NY 11416
Effective Date: May 9, 2019

May 10, 2019 (BR-MBD)
Global Reach Realty Corp.
82-11 37th Ave. Suite 608, Jackson Heights, NY 11372
Effective Date: March 31, 2019

May 10, 2019 (BR-MBD)
Reliable Home Funding Corp.
1011 Fenworth Blvd., Franklin Square, NY 11010
Effective Date: April 12, 2019

May 14, 2019 (BR-MBD)
Steven B. Liebowitz
7 Regal Court, St. James, NY 11780
Effective Date: April 18, 2019

May 15, 2019 (BR-MBD)
L.A.M. Management Co., Inc.
4 Polo Court, Woodbury, NY 11797
Effective Date: May 14, 2019

May 15, 2019 (BR-MBD)
Homelink Funding, LLC
350 Theodore Fremd Avenue, Rye, NY 10580
Effective Date: May 14, 2019


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

May 10, 2019 (MB-MBD)
Syracuse Securities, Inc.
5099 West Genesee Street, Suite 1, Camillus, NY 13031
Effective Date: May 8, 2019

May 10, 2019 (MB-MBD)
Syracuse Securities, Inc.
17 West Cayuga Street, Suite 1, Oswego, NY 13126
Effective Date: May 8, 2019

May 14, 2019 (MB-MBD)
Nationwide Mortgage Bankers, Inc.  D/B/A Americasa Home Loans
1717 Hempstead Turnpike, 1st Floor, Elmont, NY 11003
Effective Date: April 5, 2019


Mortgage Broker Certificate Address Changes:

May 15, 2019 (BR-MBD)
Faze One Funding, Limited Liability Company
From: 570 Yonkers Avenue, Suite #205, Yonkers, NY 10704-2664
To: 10 Rutland Road, Scarsdale, NY 10583


Mortgage Banker Branch License Address Changes:

May 15, 2019 (MB-MBD)
CMG Mortgage, Inc.
From: 2000 Crow Canyon Place, Suite 100, San Ramon, CA 94583
To: 3160 Crow Canyon Road, Suite 300, San Ramon, CA 94583


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 NO.

 

NAME OF APPLICANT

 

CITY

 

STATE

 

March 11, 2019

1282317

Saad Eddine Al-Belanni

Canton

Michigan