Weekly Banking Bulletin

September 13, 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

August 29, 2019 (BK-CRB)
ALMA BANK
28-31 31st Street, Astoria, NY 11102

Notice of intention to close branch office at 140 58th Street, Borough of Brooklyn, City of New York 11220, received.

The comment period on this notice will expire October 15, 2019.


September 4, 2019 (TR-CRB)
SOLVAY BANK
1537 Milton Avenue, Solvay, New York 13209

Notice of intention to close branch offices at the following two locations, received:

1. 4131 W. Genesee Street, Town of Camillus, Syracuse, Onondaga County, New York 13219
2. 527 Charles Avenue, Solvay, Onondaga County, New York 13209

The comment period on this notice will expire October 15, 2019.


September 6, 2019 (MI-CRB)
SUNMARK FEDERAL CREDIT UNION
1187 Troy Schenectady Road, Latham, NY 12110

Application, pursuant to Section 486 of the Banking Law, for the conversion of Sunmark Federal Credit Union to a New York state-chartered credit union, with field of membership which would include the community of Fulton, Warren, Onondaga, Westchester, Putnam, Columbia, Greene and Rockland Counties and 307 select employer groups, received.

The comment period on this application will expire on October 14, 2019.


September 9, 2019 (FB-FWB)
MIZUHO BANK, LTD.
1-5-5, Otemachi, Chiyoda-Ku, Tokyo, 100-8333, Japan

Application dated July 29, 2019, for permission to change the location of branch from 320 Park Avenue, Borough of Manhattan, City of New York 10022 to 1271 Avenue of the Americas, Borough of Manhattan, City of New York 10020, received.


September 9, 2019 (BK-FWB)
MIZUHO BANK (USA)
1251 Avenue of the Americas, New York, NY 10020

Application dated July 29, 2019, for permission to change the designation of principal office located at 1251 Avenue of the Americas, Borough of Manhattan, City of New York 10020 to that of branch office, and of proposed branch office located at 1271 Avenue of the Americas, Borough of Manhattan, City of New York 10020 to that of principal office, received.


September 9, 2019 (MI-CRB)
INVESTORS BANK
101 JFK Parkway, Short Hills, New Jersey 07078

Application dated September 5, 2019, for permission to open and occupy a branch office at 108-01 Queens Boulevard, Forest Hills, Borough of Queens, City of New York 11375, received.


September 13, 2019 (TM-LFS)
NETSPEND CORPORATION
701 Brazos Street, Suite 1200, Austin, Texas 78701

Application was received for a change of control, whereby Global Payments Inc. will merge with Total System Services, Inc., the ultimate parent of NetSpend. Corporation Global Payments Inc. will survive the merger and become the ultimate parent of NetSpend Corporation.


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

September 6, 2019 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
28 Trinity Street, Suite 1, Newton, NJ 07860

September 6, 2019 (MB-MBD)
Full Service Branch
FAReverse LLC in lieu of
Finance of America Reverse LLC
9255 Towne Centre Drive, Suite 700, San Diego, CA 92121

September 6, 2019 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, Inc.
500 W. Cypress Creek Road, Suite 410, Fort Lauderdale, FL 33309

September 9, 2019 (MB-MBD)
Full Service Branch
Reverse Mortgage Funding LLC
700 Corporate Boulevard, Newburgh, NY 12550

September 9, 2019 (MB-MBD)
Full Service Branch
Reverse Mortgage Funding LLC
41 Pinelawn Road, Ste. 200, Melville, NY 11747


Mortgage Banker License Name Change Received:

September 6, 2019 (MB-MBD)
From: FAReverse LLC in lieu of Finance of America Reverse LLC

To: FAReverse LLC in lieu of
Finance of America Reverse LLC D/B/A FAR


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

April 30, 2019

75842

Anthony Acquaviva

Boca Raton

Florida

July 8, 2019

805487 Richard Christopher Kilfoil

McKinney

Texas

July 24, 2019

1339600 Michaela Lee Johnson

Paradise

Texas

July 24, 2019

1857891 Chana Weber

Highland Mills

New York

July 26, 2019

482383 Francesco Sardina

Lancaster

New York

August 5, 2019

1866468 Abraham Simcha Brodt

Monsey

New York

August 7, 2019

1837211 Prince Mathai Abraham

Farmingdale

New York

August 8, 2019

949783 Tia Juana Fenner

Silver Spring

Maryland

August 8, 2019

1863400 Richard William von Bargen

Massapequa Park

New York

August 13, 2019

1737133 January Marie Bostick

Watervliet

New York

August 19, 2019

1874002 Dana C. LaVoie

Fayetteville

New York

August 21, 2019

1705888 Kevin Alan Novack

Wellington

Florida

August 27, 2019

1013546 Ana Luisa Lopez

Eastvale

California

August 27, 2019

1855760 Alyson Autumn Phan

Ferndale

Michigan

August 27, 2019

1855866 Owen Kenneth Wines

Macomb

Michigan

August 27, 2019

1856166 Zachary Thorngate

Detroit

Michigan

August 27, 2019

1866645 Crocetta Susan Osbourne

Sterling Heights

Michigan

August 27, 2019

1877803 Frederick Leonard Peterson

Chesterfield

Michigan

August 28, 2019

1729153 Dekisha Kivonne Tutt

Arlington

Texas

August 28, 2019

1873631 Arthur Bolden

Dallas

Texas

August 28, 2019

1875295 Robert Calvin Brashier

Lewisville

Texas

August 28, 2019

1876558 Dennis Onalaja

Coppell

Texas

August 29, 2019

1376691 Joe Anthony Solan

Suffern

New York

August 30, 2019

161520 Michael E. Zaccagnini

Brookfield

Connecticut

August 30, 2019

1866489 Joseph Robert Valente

White Lake

Michigan

August 30, 2019

1866491 Jeffrey Matthew Valley

Detroit

Michigan

August 30, 2019

1866653 Naomi Monique Owens

Ferndale

Michigan

August 30, 2019

1866659 Cameron Michael Patrick

Royal Oak

Michigan

August 30, 2019

1866669 Tom Preni

Clarkston

Michigan

August 30, 2019

1866674 Anthony Vettese

Sterling Heights

Michigan

August 30, 2019

1866675 Joan Marie Radke

Romulus

Michigan

August 30, 2019

1866677 Marwan Khalil Wehbe

Dearborn

Michigan

August 30, 2019

1866700 Ian Daniel Wells

Ann Arbor

Michigan

August 30, 2019

1866712 Demetrius Demarco Sims

Inkster

Michigan

August 30, 2019

1866715 Marie Ann Marek

Wixom

Michigan

August 30, 2019

1866716 Michael David Welsh

Livonia

Michigan

August 30, 2019

1866721 Daniel Joseph Whelan

Detroit

Michigan

August 30, 2019

1866725 Andrea Marie Stevenson

Livonia

Michigan

August 30, 2019

1866728 Rigert Toma

Troy

Michigan

August 30, 2019

1866731 Timothy Andrew Tomkowiak

Oak Park

Michigan

August 30, 2019 1866771 Maddison Elizabeth Morris Flat Rock Michigan
August 30, 2019 1866778 Andre Lamar Morton Roseville Michigan
August 30, 2019 1866789 Abdallah Bilal Mroue Dearborn Heights Michigan
August 30, 2019 1866810 Jamel Mohammed Nimer Ypsilanti Michigan

SECTION II

August 27, 2019 (SFC-LFS)
FLEXPATH CAPITAL, INC.
28100 US Highway 19N, Suite 411, Clearwater, FL 33761

License to engage in business as a sales finance company at 800 Westchester Avenue, Suite N-641, Rye Brook, NY 10573 was surrendered.


September 10, 2019 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Authorization granting permission to open and occupy branch office at Sanatoga Village Center, 2186 East High Street, Pottstown, Montgomery County, PA 19464, surrendered for cancellation.

Office discontinued as of September 5, 2019.


September 11, 2019 (BK-FWB)
WOORI AMERICA BANK
330 Fifth Avenue, New York, NY 10001

Authorization issued to open and occupy a branch office at 2405 S. Stemmons FWY, Suite 102-105, Lewisville, Denton County, Texas 75067, on or after September 12, 2019.

(Address, previously published in Bulletin item dated August 27, 2019, which appeared in the Weekly Bulletin dated August 30, 2018 as 2408 S. Stemmons FWY, Suite 102-105, Lewisville, Denton County, Texas 75067, is corrected to read as follows:  2405 S. Stemmons FWY, Suite 102-105, Lewisville, Denton County, Texas 75067.)


September 11, 2019 (TM-LFS)
TIJARI HOLDING CORP. OF NEW YORK, INC. DBA DIRHAM EXPRESS
25-29 Steinway Street, Astoria, NY 11103

Application for change of location from 108 W 39th Street – Suite 1115, New York, NY 10018 to 25-29 Steinway Street, Astoria, NY 11103 was approved effective September 10, 2019.


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

September 10, 2019 (BR-MBD)
Financial Triangle, Inc.
1205 Lincoln Road, Suite 201, Miami Beach, FL 33139


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

September 5, 2019 (BR-MBD)
Aron Malik
205 Wallabouth Street, Apt. 2-R, Brooklyn, NY 11206
Effective Date: August 6, 2019

September 5, 2019 (BR-MBD)
Advocate Equities Corp.
866 Coney Island Ave, Brooklyn, NY 11218
Effective Date: July 8, 2019

September 11, 2019 (BR-MBD)
Richard S Chiu
131 West 33rd Street, Suite 11A, New York, NY 10001
Effective Date: September 6, 2019


Mortgage Banker License Name Changes:

September 11, 2019 (MB-MBD)
From: Hunt Mortgage Corporation
To: Hunt Mortgage Corporation D/B/A Mach 1 Mortgage


Mortgage Banker Branch License Address Changes:

September 11, 2019 (MB-MBD)
Guaranteed Rate, Inc.
From: 14 Main Street, Suite #201, Madison, NJ 07940-1818
To: 14 Main Street, Suite 140, Madison, NJ 07940

September 11, 2019 (MB-MBD)
Caliber Home Loans, Inc.
From: 3701 Regent Blvd., Suite 200, Irving, TX 75063
To: 3701 Regent Blvd., Suite 400, Irving, TX 75063


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

September 9, 2019

1593066

Joseph Antwi-Boasiako

Laurel

Maryland