Weekly Banking Bulletin
January 6, 2023
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
December 27, 2022 (LL-LFS)
EMEDA FINANCE CORPORATION
611 Midland Ave, 2 Fl, Staten Island, New York 10306
Notification received for a change of main address from 611 Midland Ave, 2 Fl, Staten Island, New York 10306 to 1801 Stillwell Ave, Suite 2F, Brooklyn, NY 11223.
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 29, 2022 (BP-LFS)
DEBT MANAGEMENT CREDIT COUNSELING CORP.
1100 S. Powerline Road, Suite 101, Deerfield Beach, Florida 33442
A notification was received for the relocation of the headquarter office, as follows:
From: 1100 S. Powerline Road, Suite 101, Deerfield Beach, Florida 33442
To: 1330 SE 4th Avenue, Suite F, Fort Lauderdale, FL 33316
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 have been provided to the Department by the licensee.
January 3, 2023 (PF-LFS)
EASTERN PREMIUM FINANCE GROUP INC.
910 Franklin Ave. Ste.210, Garden City, New York 11530
Application received for a license to engage in business as a premium finance company.
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.
January 4, 2023 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Notice of intention to establish an electronic facility (automated teller machine) at 700 Beachland Boulevard, Vero Beach, Indian River County, FL 32963, received
January 5, 2023 (TM-LFS)
eToro NY LLC dba eToro
221 River Street, 9th Floor, Hoboken, New Jersey 07030
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.
January 5, 2023 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203
Application dated January 5, 2023, for permission to change the location of branch office from 1630 Boston Road, Springfield, Hampden County, Massachusetts 01129 to 1355 Boston Road, Springfield, Hampden County, Massachusetts 01119, received.
Application to establish a Mortgage Banker's Branch received for examination:
January 3, 2023 (MB-MBD)
Full Service Branch
NLC Loans in lieu of NATIONS LENDING CORPORATION
1113 Rockside Rd, Suite B, Parma, OH 44134
January 3, 2023 (MB-MBD)
Full Service Branch
Homebridge Financial Services, Inc.
90 New Montgomery Street, Suite 1410, San Francisco, CA 94105
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 |
|---|---|---|---|---|
| May 18, 2022 | 2223797 | Nikolas Mattheopoulos | Douglaston | New York |
| July 20, 2022 | 313409 | Jeffery Vaughn Dobbs | Richardson | Texas |
| August 1, 2022 | 1158148 | Mark Alan Lively | Roswell | Georgia |
| August 4, 2022 | 485080 | Melissa Lynn Pearce | Laguna Niguel | California |
| October 24, 2022 | 2395265 | Wilson Lopez | Staten Island | New York |
| October 26, 2022 | 2217775 | Gaurav Talwar | Valley Stream | New York |
| November 2, 2022 | 1582629 | Meera Banta | Stamford | Connecticut |
| November 8, 2022 | 2134676 | Ashley Elizabeth Zacchia | West Palm Beach | Florida |
| November 16, 2022 | 1980555 | Steven De La Cruz | Netcong | New Jersey |
| November 16, 2022 | 2067097 | Yuda E. Green | Brooklyn | New York |
| November 17, 2022 | 502338 | Christopher John Bogner | Chandler | Arizona |
| December 3, 2022 | 2332545 | Randy Tyall Pile | New Milford | Connecticut |
| December 19, 2022 | 896943 | Robyn Clancy-Merwede | Long Valley | New Jersey |
SECTION ll
December 6, 2022 (TM-LFS)
Finxera, Inc. dba CFTPay
2001 Westside Parkway, Suite 155, Alpharetta, GA 30004
Notification for change of legal name from Finxera, Inc. to Finxera, Inc. dba CFTPay was approved.
In connection with the above change, the original license was surrendered
______________________________________________________________________________
January 3, 2023 (TM-LFS)
Finxera, Inc. dba CFTPay
2001 Westside Parkway, Suite 155, Alpharetta, GA 30004
Application for change of location from 55 South Market Street, Suite 1220, San Jose, CA 95113 to 2001 Westside Parkway, Suite 155, Alpharetta, GA 30004 was approved effective January 3, 2023.
In connection with the above change, the original license was surrendered.
January 3, 2023 (BK-CRB)
AMERICAN COMMUNITY BANK
300 Glen Street, Glen Cove, NY 11542
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 1968 Jericho Turnpike, East Northport, Town of Huntington, Suffolk County, NY 11731, will not result in a significant reduction of financial services in the community to be affected.
January 3, 2023 (SB-CRB)
RHINEBECK BANK
2 Jefferson Plaza, Poughkeepsie, NY 12601
Authorization Certificate issued January 29, 2021, granting permission to open and occupy branch office at 360 Route 17M, Monroe, Orange County, New York 10950, surrendered for cancellation.
Office discontinued as of December 30, 2022.
January 4, 2023 (PB-FWB)
BROWN BROTHERS HARRIMAN & CO.
140 Broadway, New York, NY 10005
Verified Certificate to Continue Business as Private Bankers, filed for examination.
(These Private Bankers are already under the supervision of the Department. New Certificate submitted by reason of the proposed admission to the firm of Thomas J. Davis, Christopher Gothard, and Justin V. Reed as General Partners/Class 1 Limited Partners; and the proposed conversion of Michael R. Keller and William E. Rosensweig from General Partners/Class 1 Limited Partners to Class 2 Limited Partners.)
January 4, 2023 (SB-CRB)
APPLE BANK FOR SAVINGS
122 East 42nd Street, New York, NY 10168
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 426 86th Street, Borough of Brooklyn, City of New York 11209, will not result in a significant reduction of financial services in the community to be affected.
License to engage in the business of a Mortgage Banker Branch surrendered:
December 29, 2022 (MB-MBD)
RoundPoint Mortgage Servicing Corporation
219-47 Jamaica Avenue, 1st Floor, Queens Village, NY 11428
Effective Date: December 27, 2022
December 29, 2022 (MB-MBD)
RoundPoint Mortgage Servicing Corporation
175 Pinelawn Road, Suite 400, Melville, NY 11747
Effective Date: December 27, 2022
December 29, 2022 (MB-MBD)
Finance of America Mortgage LLC
1 East Broad Street, Suite 450, Bethlehem, PA 18018
Effective Date: December 27, 2022
December 29, 2022 (MB-MBD)
Finance of America Mortgage LLC
129 South Union Street, Suite A, Spencerport, NY 14559
Effective Date: December 27, 2022
December 30, 2022 (BR-MBD)
Positive Rate Mortgage, LLC
1631 Midtown Place, Suite 129, Raleigh, NC 27609
Effective Date: December 6, 2022
January 3, 2023 (MB-MBD)
RoundPoint Mortgage Servicing Corporation
1150 South Avenue, Suite 304-B, Staten Island, NY 10314
Effective Date: December 27, 2022
Certificate to engage in the business of a Mortgage Broker Branch surrendered:
January 3, 2023 (BR-MBD)
Kenn Becca, Inc.
Diversified Funding Group, USA
155 Prospect Ave, Ste 206, West Orange, NJ 07052
Effective Date: January 3, 2023
Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:
January 4, 2023 (BR-MBD)
Circle Mortgage Corporation
500 Mamaroneck Avenue, Suite 320, Room 32, Harrison, NY 10528-1600
Effective Date: December 22, 2022
Mortgage Banker License Address Changes:
January 4, 2023 (MB-MBD)
OwnersChoice Funding, Incorporated
From: 1021 Watervliet-Shaker Road, Albany, NY 12205
To: 4 Tower Place, Executive Park, 5th Floor, Albany, NY 12203
Mortgage Broker Certificate Address Changes:
January 3, 2023 (BR-MBD)
Kenn Becca, Inc. D/B/A Diversified Funding Group, USA
From: 61 Broadway, Suite 2780, New York, NY 10006
To: 155 Prospect Ave Ste 206, West Orange, NJ 07052
Mortgage Banker Branch License Address Changes:
January 3, 2023 (MB-MBD)
Rocket Mortgage, LLC
From: 320 North Washington Street, Rochester, NY 14625
To: 6605 Pittsford Palmyra Rd, Ste 1, Fairport, NY 14450
January 3, 2023 (MB-MBD)
Nationwide Mortgage Bankers, Inc.
From: 120 Sylvan Avenue, Suite 101, Englewood Cliffs, NJ 07632
To: 3410 Bergenline Ave., First Floor, Union City, NJ 07087
January 3, 2023 (MB-MBD)
Hunt Mortgage Corporation
From: 1100 Long Pond Way, Suite 111, Rochester, NY 14626
To: 1100 Long Pond Way Suite 106, Rochester, NY 14626
January 4, 2023 (MB-MBD)
Carrington Mortgage Services, LLC
From: 2100 E. 196th Street, Suites 100 & 200, Westfield, IN 46074
To: 2100 E. 196th Street, Suite 100, Westfield, IN 46074
January 4, 2023 (MB-MBD)
Guaranteed Rate, Inc.
From: 439 N Canon Drive, Suite 207, Beverly Hills, CA 90210
To: 315 S. Beverly Drive, Suite 320, Beverly Hills, CA 90212
Approvals issued to engage in the business of mortgage loan origination under Article 12-E of the New York Banking Law.
| Date of Approval | NMLS # | Applicant Name | City | State | Sponsoring Entity |
|---|---|---|---|---|---|
| December 16, 2022 | 270903 | Linda K. Heaston | Amanda | Ohio | Developer's Mortgage Company |