Weekly Banking Bulletin

January 26, 2024

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

Regulatory Unit Codes

SECTION I

January 17, 2024 (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 850 Park Shore Drive, Naples, Collier County, Florida 34103, received.

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

January 24, 2024 (MB-MBD)
Full Service Branch
Carrington Mortgage Services, LLC
4 Commerce Street, Space A-1, Office B, Poughkeepsie, NY 12603

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

January 24, 2024 (BR-MBD)
Full Service Branch
Block Financial Resources LLC
2405 Quantum Blvd., Suite 201, Boynton Beach, FL 33426

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.

SECTION II

December 14, 2023 (LL-LFS)
ONEMAIN FINANCIAL GROUP, LLC  
100 International Drive, 16th Floor, Baltimore, Maryland 21202

License was issued to reflect the change of location from 888 Veterans Memorial Highway – Suite220, Hauppauge, NY 11788 to 888 Veterans Memorial Hwy Ste 120, Hauppauge, NY 11788-2940

In connection with the above license issuance, the original license was surrendered.

January 2, 2024 (TR-FWB)
GOLDMAN SACHS BANK USA 
200 West Street, New York, NY 10282

Notification received, in accordance with Supervisory Policy G 8, of the establishment of a representative office to be located at 717 Harwood Street, Dallas, Dallas County, Texas 75201.

January 8, 2024, (TM-LFS)
TRANSFERMATE, INC.   
5555 Glenridge Connector, Suite 200, Atlanta, GA 30342.

Application for change of location from 333 N. Michigan Ave, Suite 915 Chicago, IL 60601 to 5555 Glenridge Connector, Suite 200, Atlanta, GA 30342 was approved, effective January 8, 2024.

In connection with the above change, the original license was surrendered

January 12, 2024 (BP-LFS)
MONEY MANAGEMENT INTERNATIONAL  
12603 Southwest Freeway, Suite 450, Stafford, Texas 77477   

The license to engage in business as a budget planner at the following location has been surrendered, effective December 31, 2023:

Branch office: 161-10 Jamaica Avenue, Suite 407, Jamaica, NY 11432

January 12, 2024 (pf-LFS)
IPFS OF NEW YORK, LLC U/A/N CAPITOL PAYMENT PLAN 
1055 Broadway, 11th Floor, Kansas City, Missouri 64105

The relocation of a branch office was approved as follows, effective February 1, 2024: 

From:  67 Millbrook Street, Sute 508, Worcester, Massachusetts 01606
To:  67 Millbrook Street, Suite 217, Worcester, Massachusetts 01606

January 16, 2024 (BP-LFS)
MONEY MANAGEMENT INTERNATIONAL  
12603 Southwest Freeway, Suite 450, Stafford, Texas 77477   

The license to engage in business as a budget planner at the following location has been surrendered, effective December 31, 2023:

Branch office: 161-10 Jamaica Avenue, Suite 407, Jamaica, NY 11432

January 24, 2024 (LP-RID)
WISDOMTREE DIGITAL TRUST COMPANY, LLC
250 W. 34th Street, 3rd Floor, New York, NY 10119

Articles of Organization filed for examination.

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

January 18, 2024 (MB-MBD)
Hudson United Mortgage LLC
300 Canal Street, Suite 100, Goshen, NY 10924
Effective Date: January 11, 2024

January 18, 2024 (MB-MBD)
Hudson United Mortgage LLC
222 Bloomingdale Road, Suite 114B, White Plains, NY 10605
Effective Date: January 11, 2024

January 22, 2024 (MB-MBD)
Movement Mortgage, LLC
28 Trinity Street, Suite 1, Newton, NJ 07860
Effective Date: January 18, 2024

January 22, 2024 (MB-MBD)
NLC Loans in lieu of Nations Lending Corporation
4031 W 1st St., Office B, Sanford, FL 32771
Effective Date: January 18, 2024

January 22, 2024 (MB-MBD)
Movement Mortgage, LLC
125 Wolf Road, Suite #128, Albany, NY 12205
Effective Date: January 18, 2024

January 22, 2024 (MB-MBD)
First Alliance Home Mortgage, LLC
22-05 Maple Ave, 1st Floor, Fair Lawn, NJ 07410
Effective Date: January 16, 2024

January 22, 2024 (MB-MBD)
Homestead Funding Corp.
6797 Route 9, Suite 19, Rhinebeck, NY 12572
Effective Date: January 18, 2024

Mortgage Banker Branch License Address Changes:
 

January 23, 2024 (MB-MBD)
CMG Mortgage, Inc.
From: 161 Gaither Drive, Suite 104, Mount Laurel, NJ 08054
To: 707 North Main Street, Suite 2B, Glassboro, NJ 08028

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: