Weekly Banking Bulletin

October 25, 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,  Licensed Financial Services and Consumer Examination Unit 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 email 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 BR Mortgage Broker  
BP Budget Planner MS Mortgage Servicer  
CC Check Cashier PF Premium Finance Agency  
CU Credit Union PB Private Banker  
FA Foreign Agency SD Safe Deposit Company 
FB Foreign Branch SF Sale Finance Agency
FR Foreign Representative Office SL Savings and Loan Association
HC Holding Company SB Savings Bank
IC Investment Company SL Student Loans
LL Licensed Lender TM Transmitter of Money
MK Merchant Bank TR Trust Company
MI Miscellaneous VC Virtual Currency
MB Mortgage Banker      

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

September 19, 2019
STANDARD CUSTODY & TRUST COMPANY, LLC
 135 East 57th Street, 21st Floor, New York, NY 10022

Application for exemption from the deposit insurance requirements of Section 32 of the Banking Law, received.  


October 21, 2019 (BK-CRB)
AMERASIA BANK
41-06 Main Street, Flushing, NY 11355

Application dated October 18, 2019, for permission to open and occupy a branch office at 214-01 Northern Boulevard, Bayside, Borough of Queens, City of New York 11361, received.


October 23, 2019 (MI-CRB)
OCEANFIRST FINANCIAL CORP.
975 Hooper Avenue, Toms River, NJ 08753

Application, pursuant to Section 143-b of the Banking Law, to acquire control of Country Bank, New York, New York, received.

The comment period on this application will expire on November 25, 2019.


October 25, 2019 (TM-LFS)
SOFI DIGITAL ASSETS, LLC D/B/A SOFI CRYPTO
234 1st Street, San Francisco, CA 94105

Application received for a license to engage in business as a transmitter of money.

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 Broker under Article 12-D of the New York Banking Law received for examination, amended to read as follows:

From:
July 2, 2019 (BR-MBD)
Applicant(s)
Jeanine Marie Norwood
As: Fairfield Home Services in lieu of Fairfield Home Loans, LLC
615 South Pine Creek Road, Fairfield, CT 06824

To:
October 21, 2019 (BR-MBD)
Applicant(s)
Jeanine Marie Norwood
As: Fairfield Home Loans, LLC d/b/a Fairfield Home Services
170 Mason Street, Suite 101, Greenwich, CT 06830


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

October 23, 2019 (MB-MBD)
Full Service Branch
Lakeview Mortgage Bankers Corp.
121 Church Street, Freeport, NY 11520

October 23, 2019 (MB-MBD)
Full Service Branch
Homestead Funding Corp.
8502 Seneca Turnpike, New Hartford, NY 13413


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

October 23, 2019 (BR-MBD)
Full Service Branch
A.S.A.P. Mortgage Corp.
1965 Williamsbridge Road, Suite 1, Bronx, NY 10461


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
October 25, 2018 1630522 Bradley Thomas DeKuiper Glen Ellyn Illinois
September 11, 2019 1848922 Wei Bo Ray Qiu Fresh Meadows New York
September 13, 2019 1886419 Joel Spitzer Monroe New York
September 17, 2019 1864670 Tristin Thomas Lackey Mesa Arizona
September 18, 2019 1864649 Steven Andrew Mason Chandler Arizona
September 24, 2019 1888783 Thomas Reston Baker Bronx New York
September 25, 2019 1888494 Heeyeon Jung Fort Lee New Jersey
September 27, 2019 1790366 Julie Ann Leon Woodhaven New York
October 2, 2019 1877351 Amber Amonique Lanay Epperson Dearborn Michigan
October 3, 2019 1782566 DeAndrae Martell Battle Detroit Michigan
October 10, 2019 35383 Paul Charles Sprague Columbus New Jersey
October 10, 2019 1891305 Marco Antonio Sa Ferreira Mansfield Texas
October 10, 2019 1891319 Nils Josef Kosmo Carrollton Texas
October 11, 2019 1864701 Stephen Charles Fredericksen Staten Island New York
October 11, 2019 1899937 Sydney Noy Caldwell Columbia Missouri
October 14, 2019 1379860 Jacklyn Leigh Cox Paola Kansas
October 14, 2019 1705528 Kenneth George Ostrander Huntington Beach California
October 14, 2019 1895184 Rafael Augustino Leija-Elias Columbia Missouri
October 15, 2019 418788 Scott Gregory Larkin Milton New York
October 15, 2019 485925 Erica Lynn Buccafusca Wallkill New York
October 15, 2019 885494 Joseph Francis Diblase Chicago Illinois
October 15, 2019 1891313 Mackenzie Jordan Phillips Plano Texas
October 15, 2019 1894548 Jessica Nichole Giles Columbia Missouri

SECTION II

October 18, 2019 (MI-CRB)
CROSS RIVER BANK
885 Teaneck Road, Teaneck, NJ 07666

Authorization issued to open and occupy a branch office at 2365 Nostrand Avenue, Borough of Brooklyn, City of New York 11210, on or after October 19, 2019.


Oct 18, 2019 (FB-FWB)
BNP PARIBAS
3 rue d’Antin 75002 Paris, France

Additional branch located at 51 West 52nd Street, 36th Floor, Borough of Manhattan, City of New York was discontinued as of September 24, 2019.


October 18, 2019 (BK-CRB)
ALMA BANK
28-31 31st Street, Astoria, NY 11102

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 140 58th Street, Borough of Brooklyn, City of New York 11220, will not result in a significant reduction of banking services in the community to be affected.


October 18, 2019 (TR-CRB)
SOLVAY BANK
1537 Milton Avenue, Solvay, New York 13209

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch offices at the following two locations will not result in a significant reduction of banking services in the communities to be affected:

  • 4131 West Genesee Street, Town of Camillus, Syracuse, Onondaga County, New York 13219
  • 527 Charles Avenue, Solvay, Onondaga County, New York 13209

October 18, 2019 (SF-LFS)
ALLY FINANCIAL INC DBA ALLY FINANCIAL
500 Woodward Avenue, Detroit, Michigan, 48226 

Rider was issued to reflect a change of branch address from 3104 Unionville Road, Suite 200, Cranberry Township, Pennsylvania 16066 to 2000 Westinghouse Drive, Suite 300, Cranberry Township, Pennsylvania 16066.


October 23, 2019 (FB-FWB)
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED
No. 55 Fuxingmennei Avenue, Xicheng District, Beijing, People’s Republic of China

The Department interposes no objection to Industrial and Commercial Bank of China Limited’s establishing and maintaining an additional branch office at 1185 Avenue of the Americas, Borough of Manhattan, City of New York 10036.


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

October 22, 2019 (BR-MBD)
White House Mortgage Corp.
24 Park Place, Riverside, CT 06878
Effective Date: October 16, 2019


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

October 21, 2019 (MB-MBD)
CrossCountry Mortgage, Inc.
459 Washington Street, Unit 29, Duxbury, MA 02332
Effective Date: October 21, 2019

October 23, 2019 (MB-MBD)
PHH Mortgage Corporation   D/B/As:
Instamortgage.com
Mortgagesave.com
PHH Mortgage Services
16675 Addison Rd., Suite 100-B, Addison, TX 75001
Effective Date: October 23, 2019

October 23, 2019 (MB-MBD)
Homebridge Financial Services, Inc.  D/B/A Menlo Park Funding
5 Marine View Plaza, Suite 500, Hoboken, NJ 07030
Effective Date: October 22, 2019


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

October 23, 2019 (MS-MBD)
Servis One, Inc.  D/B/A BSI Financial Services
910 Hale Place, Suite 205, Chula Vista, CA 91914
Effective Date: October 21, 2019


Mortgage Banker Address correction:

October 16, 2019 (MB-MBD)
NJ Lenders Corp. D/B/As:
Home Owners Mortgage Express
Silver Bay Lending
From: 219 Paterson Avenue, Little Falls, NJ  07424
To: 219 Paterson Avenue, Suite 1, Little Falls, NJ  07424


Mortgage Loan Servicer Address Changes:

October 21, 2019 (MS-MBD)
RoundPoint Mortgage Servicing Corporation
From: 5016 Parkway Plaza Blvd., Charlotte, NC 28217
To: 446 Wrenplace Road, Fort Mill, SC 29715

October 21, 2019 (MS-MBD)
Seneca Mortgage Servicing LLC
From: 800 Third Avenue, Suite #225, New York, NY 10022-7649
To: 48 South Main Street, Suite 1, Newtown, CT 06470


The following licensed Mortgage Loan Originator has entered into a Settlement Agreement with the Department on October 9, 2019, in lieu of a hearing for a fine or revocation of her mortgage loan originator license to settle the violations of Section 420.2-(a)(3)(4) of the Superintendent’s Regulations and Section 590.2(b) of the New York Banking Law for using an unauthorized domain name. The Settlement Agreement terms and conditions include a fine of $2,500.

October 21, 2019 (MLO-MBD)
Stephanie Giordano


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
October 17, 2019 220676 Michael Anthony Tirio Darien Illinois
October 17, 2019 658115 Audris Donnella Hogan Fort Worth Texas
October 17, 2019 878352 Olive Yeku Njombua Frisco Texas
October 17, 2019 1015674 Kevin Leroy Harris Harrisburg North Carolina
October 17, 2019 1460021 Paul Joseph Fox West Folly Beach South Carolina
October 17, 2019 1503434 Ronald Devaughn Jones St. Louis Missouri
October 17, 2019 1845749 Ian Lloyd McGuire Garden City Michigan