Weekly Banking Bulletin
November 25, 2022
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 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 |
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 |
SB |
Savings Bank |
|
FR |
Foreign Representative Office |
SD |
Safe Deposit Company |
|
HC |
Holding Company |
SF |
Sales Finance Agency |
|
IC |
Investment Company |
SL |
Savings and Loan Association |
|
LL |
Licensed Lender |
SL |
Student Loans |
|
MK |
Merchant Bank |
TM |
Transmitter of Money |
|
MI |
Miscellaneous |
TR |
Trust Company |
| 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 18, 2022 (TM-LFS)
ERIS CLEARING, LLC.
111 S. Wacker Drive, Suite 4730, Chicago, Illinois, 60606
Notification received for the legal name change from Eris Clearing, LLC to Cboe Clear Digital, 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.
November 18, 2022 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Application dated November 18, 2022, for permission to open and occupy a branch office at 124 Boston Post Road, Waterford, New London County, Connecticut 06385, received.
November 18, 2022 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Application dated November 18, 2022, for permission to open and occupy a branch office at 1095 Main Street, Newington, Hartford County, Connecticut 06111, received.
November 25, 2022 (BK-CEU)
POPULAR BANK
85 Broad Street, 10th Floor, New York, NY 10004
Application received on November 16, 2022, pursuant to Section 96-d of the Banking Law, for the designation of Community District 7, Borough of Brooklyn, Kings County, New York, as a Banking Development District. The co-applicant is the Borough of Brooklyn, City of New York.
Application to establish a Mortgage Banker's Branch received for examination:
November 22, 2022 (MB-MBD)
Full Service Branch
Absolute Home Mortgage Corporation
1000 Lafayette Blvd., Suite 1100, Office 1134, Bridgeport, CT 06604
November 22, 2022 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
2006 S Eagle Road, Meridian, ID 83642
November 22, 2022 (MB-MBD)
Full Service Branch
Premium Mortgage Corp.
3495 Winton Place, Building E, Suite 3A, Rochester, NY 14623
November 22, 2022 (MB-MBD)
Full Service Branch
Allied Mortgage Group, Inc.
2 Main Street, Unit B, Peabody, MA 01960
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 # | Applicant Name | City | State |
|---|---|---|---|---|
| September 30, 2022 | 2083786 | Gary L. Engel | Sunnyside | New York |
| October 26, 2022 | 994318 | Lavdie Maqedonci-Krasniqi | Mount Kisco | New York |
| October 27, 2022 | 404070 | Tracy Lyn Caggiano | Cedar Grove | New Jersey |
| October 31, 2022 | 2251328 | Andrea Danielle Simpson | McKinney | Texas |
| October 31, 2022 | 2312498 | Rosetta Richardson | Chester | New York |
| November 4, 2022 | 1098281 | Shawn Lamont Carson | East Yaphank | New York |
| November 4, 2022 | 1824350 | Bryan Paul Klemett | Madison Heights | Michigan |
| November 7, 2022 | 585440 | Donald Callwood | Paramus | New Jersey |
| November 7, 2022 | 1986879 | Daniela Arevalo-Perez | Randolph | New Jersey |
| November 7, 2022 | 2313927 | Dameon Elliott Reilly | White Plains | New York |
| November 7, 2022 | 2356101 | Edgar Joel Ferreras | Trumbull | Connecticut |
| November 7, 2022 | 2424486 | Nicole Brown | Holtsville | New York |
| November 8, 2022 | 561867 | Tammy Ray Rivard | Centerville | Minnesota |
| November 8, 2022 | 624081 | Michael J. Curran | Denville | New Jersey |
| November 9, 2022 | 1513667 | Paul Foley Gagne | Esopus | New York |
| November 9, 2022 | 2409194 | Jacob Daniel Hyzer | Columbia | Missouri |
| November 10, 2022 | 460191 | Roberta Leigh Smith | Plainfield | New Jersey |
| November 10, 2022 | 1041961 | Michele Janet Mannella | Norwalk | Connecticut |
| November 11, 2022 | 181860 | Irina Goldbert | Brooklyn | New York |
| November 11, 2022 | 2240143 | Anna Madge Coleman | Columbia | Missouri |
| November 14, 2022 | 75608 | Adam Wizner | Pequannock | New Jersey |
| November 14, 2022 | 369103 | Kazi Hassan | Fresh Meadows | New York |
| November 16, 2022 | 1881225 | Joseph Steven Pappas | Bristol | Rhode Island |
| November 17, 2022 | 1458149 | Aaron Rose Black | Westlake | Texas |
| November 18, 2022 | 2389446 | Paul Frederick McMichael | Noblesville | Indiana |
SECTION II
September 30, 2022 (SF-LFS)
AMERICREDIT FINANCIAL SERVICES INC., U/A/N GMC FINANCIAL, U/A/N BUICK FINANCIAL, U/A/N GM FINANCIAL, U/A/N CADILLAC FINANCIAL, U/A/N CHEVROLET FINANCIAL
801 Cherry Street, Suite 3600, Fort Worth, Tarrant County, Texas, 76102
License to engage in business as a Sale Finance Company at the following location was surrendered:
15 E. Midland Ave., Suite #3B, Paramus, Bergen County, New Jersey 07652
October 26, 2022 (LL-LFS)
FUNDATION GROUP LLC
11501 Sunset Hills Road – Suite 100, Reston, Fairfax, VA 20190
License to engage in business as a licensed lender at the following location was surrendered:
3 West 35th Street, 10th Floor, New York, NY 10001
November 17, 2022 (SB-CRB)
RONDOUT SAVINGS BANK
300 Broadway, Kingston, New York 12401
Approval given to change the location of branch office from 130 Schwenk Drive, Kingston, Ulster County, New York 12401 to 267 Wall Street, Kingston, Ulster County, New York 12401, on or after November 18, 2022.
November 17, 2022 (SB-CRB)
APPLE BANK FOR SAVINGS
122 East 42nd Street, New York, NY 10168
Approval given to change the location of branch office from 706 West 181st Street, Borough of Manhattan, City of New York 10033 to 604 West 181st Street, Borough of Manhattan, City of New York 10033, on or after November 18, 2022.
November 21, 2022 (TM-LFS)
MONEYGRAM PAYMENT SYSTEMS, INC.
1550 Utica Avenue South, Minneapolis, MN 55416
Application for a change of control of MoneyGram Payment Systems, Inc., whereby Mobius Parent Corp. and Mobius Merger Sub, Inc. will indirectly acquire 100 percent of MoneyGram Payment Systems, Inc., was approved on November 10, 2022.
November 22, 2022 (TM-LFS)
WESTERN UNION BUSINESS SOLUTIONS (USA), LLC DBA WESTERN UNION BUSINESS SOLUTIONS
7979 E. Tufts Avenue, Suite 400, Denver, Colorado, 80237
Application for the legal name change from Western Union Business Solutions (USA), LLC DBA Western Union Business Solutions to Convera USA, LLC was approved effective November 22, 2022.
License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York Banking Law:
November 22, 2022 (MB-MBD)
Full Service Branch
Cardinal Financial Company, Limited Partnership
27 Main St, Ste 203, Marlborough, MA 01752
November 22, 2022 (MB-MBD)
Full Service Branch
CrossCountry Mortgage, LLC
448 N. 10th Street, Suite 600, Philadelphia, PA 19123
November 22, 2022 (MB-MBD)
Full Service Branch
Fairway Independent Mortgage Corporation
7 Southside Drive, Suite 201, Clifton Park, NY 12065
November 22, 2022 (MB-MBD)
Full Service Branch
Shamrock Home Loans, Inc.
6 W Marlborough St., Newport, RI 02842
License to engage in the business of a Mortgage Banker Branch surrendered:
November 18, 2022 (MB-MBD)
loanDepot.com, LLC
32 Office Park Road, Suite 120, Hilton Head Island, SC 29928
Effective Date: November 17, 2022
November 18, 2022 (MB-MBD)
loanDepot.com, LLC
10100 Santa Monica Boulevard Suite 300, Office 346, Century City, CA 90067
Effective Date: November 17, 2022
November 18, 2022 (MB-MBD)
loanDepot.com, LLC
31-19 Newtown Avenue, Suite 300, Office 301, Astoria, NY 11102
Effective Date: November 17, 2022
November 18, 2022 (MB-MBD)
RealFi Home Funding Corp.
11421 Cronhill Drive, Suite C, Owings MIlls, MD 21117
Effective Date: November 16, 2022
November 23, 2022 (MB-MBD)
Kwik Mortgage Corporation
Southfield Center, 1 Cragwood Road, Suite 103A, South Plainfield, NJ 07080
Effective Date: November 16, 2022
November 23, 2022 (MB-MBD)
MLB Residential Lending, LLC
389 Rt. 46 E, Suite A, Second Floor, Budd Lake, NJ 07828
Effective Date: November 16, 2022
November 23, 2022 (MB-MBD)
Semper Home Loans, Inc.
1110 South Avenue, Suite 100 Office #43, Staten Island, NY 10314
Effective Date: November 15, 2022
Mortgage Banker License Address Changes:
November 22, 2022 (MB-MBD)
CrossCountry Mortgage, LLC
From: 6850 Miller Road, Brecksville, OH 44141
To: 2160 Superior Avenue, Suite 600 - Room 602, Cleveland, OH 44114
Mortgage Banker Branch License Address Changes:
November 22, 2022 (MB-MBD)
SIRVA Mortgage, Inc.
From: 3300 Fernbrook Lane, Suite 300, Plymouth, MN 55447
To: 12800 Industrial Park Boulevard, Suite 100, Plymouth, MN 55441
Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:
November 23, 2022 (BR-MBD)
Deepwell Funding, Inc.
4221 Merrick Road, Massapequa, NY 11758
Effective Date: October 21, 2022
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 # | Applicant Name | City | State |
|---|---|---|---|---|
| November 17, 2022 | 204365 | Andrew Ojeagbase Ojeisekhoba | Yucaipa | California |
| November 17, 2022 | 1544410 | Derek Thayer Barlow | Denver | Colorado |
| November 17, 2022 | 1631955 | Desiree Esteves Paz | Orlando | Florida |
| November 17, 2022 | 1742285 | Chantel Marie Floyd | Detroit | Michigan |
| November 17, 2022 | 1970453 | Abbas Idris | Dearborn | Michigan |
| November 17, 2022 | 2375948 | Matthew T. Farrell | Point Pleasant Beach | New Jersey |