Weekly Banking Bulletin

February 9, 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 31, 2024 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY 
One M&T Plaza, Buffalo, NY 14203

Notices of intention to establish electronic facilities (automated teller machines) at the following 18 locations, received:

• Stop & Shop 0611, 120 Salmon Brook Street, Granby, Hartford County, CT 06035;
• Stop & Shop 0619, 1095 Kennedy Road, Windsor, Hartford County, CT 06095;
• Stop & Shop 0622, 211 High Street, Torrington, Litchfield County, CT 06790;
• Stop & Shop 0625, 200 New Hartford Road, Winsted, Litchfield County, CT 06098;
• Stop & Shop 0636, 228 South Main Street, Newtown, Fairfield County, CT 06470;
• Stop & Shop 0652, 215 East Main Street, Clinton, Middlesex County, CT 06413;
• Stop & Shop 0657, 757 Straits Turnpike, Watertown, Litchfield County, CT 06795;
• Stop & Shop 0665, 248 Flanders Road, East Lyme, New London County, CT 06357;
• Stop & Shop 0674, 1391 Main Street, Willimantic, Windham County, CT 06226;
• Stop & Shop 0677, 11 East Main Street, New Canaan, Litchfield County, CT 06018;
• Stop & Shop 0678, 2020 Norwich-New London Turnpike, Montville, New London County, CT 06383;
• Stop & Shop 0679, 240 Chase Avenue, Waterbury, New Haven County, CT 06704;
• Stop & Shop 0683, 180 Danbury Road, New Milford, Litchfield County, CT 06776;
• Stop & Shop 0697, 1094 Killingly Commons Drive, Dayville, Windham County, CT 06241;
• Stop & Shop 0727, 60 Providence Pike, Putnam, Windham County, CT 06260;
• Stop & Shop 2612, 25 State Road 39, New Fairfield, Fairfield County, CT 06812;
• Stop & Shop 2616, 55 Village Green Drive, Litchfield, Litchfield County, CT 06759; and
• Stop & Shop 2618, 934 Wolcott Road, Waterbury, New Haven County, CT 06705.

February 1, 2024 (LL-LFS)
MARINER FINANCE, LLC
8211 Town Center Drive, Nottingham, Baltimore, Maryland, 21236-5904

Notification received for a change of branch address from Wolf Road Shoppers Park, 145 Wolf Road, Suite 6, Colonie, NY 12205 to 5 Metro Park Drive, Suite 2, Albany, NY 12205.

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.

February 2, 2024 (BK-CRB)
GREATER GOTHAM BANK (in formation)
444 Mamaroneck Avenue, White Plains, NY 10605

Organization Certificate filed for examination.

INCORPORATORS: 
Laurence Marchini III, Katonah, New York
Jeffrey Scott Wall, Wantagh, New York
Harry Charles Katz, Ancramdale, New York
Robert Liberto, North Belmore, New York
Jeffrey Meshel, Miami Beach, Florida
Adelaide Polsinelli, New York, New York
Juan Soto, New York, New York

The comment period expires on March 11, 2024.

February 2, 2024 (CU-CRB)
Hudson Valley credit union
137 Boardman Road, Poughkeepsie, NY 12603

Catskill Hudson Bank
4445 State Route 42N, Monticello, NY 12701

Application pursuant to Section 601 of the Banking Law, for the merger of Catskill Hudson Bank with and into Hudson Valley Credit Union, received.

The comment period on this application will expire on April 9, 2024.

Application to engage in the business of a Mortgage Broker under Article 12-D of the New York Banking Law received for examination:

February 7, 2024 (BR-MBD)
Applicant(s)
Al-Sheleh Issa Mohamad-Maher
Buncianu Narcis Madalin
As: Capital Property in lieu of Capital Property Lending, LLC
3250 W. Big Beaver Rd, Ste 303, Troy, MI 48084

February 7, 2024 (BR-MBD)
Applicant(s)
Pinello Steven Daniel
As: Hudson Home Capital Inc.
444 Route 111, Suite #3, Smithtown, NY 11787

February 7, 2024 (BR-MBD)
Applicant(s)
Aggarwal Braj Kishor
Aggarwal Shikha
Puri Kamalpreet S
Vandenessen Louis Alexander
As: Mortzee, LLC
146 W. 29th Street, 10W-1, New York, NY 10001

February 7, 2024 (BR-MBD)
Applicant(s)
Bossio Alison
Bossio Stephen Edward
As: Prime Northeast, LLC in lieu of Prime Mortgage LLC
1280 US-46, Suite 7, Parsippany, NJ 07054

February 7, 2024 (BR-MBD)
Applicant(s)
Austin Ron
As: Simplefi Partners LLC
1295 Seawane Drive, Hewlett, NY 11557

February 7, 2024 (BR-MBD)
Applicant(s)
Sinanan Hemat
As: HRS Holdings World Wide L.L.C. 
220 Roanoke Avenue, Suite B2, Suite 305, Riverhead, NY 11901

February 9, 2024 (BR-MBD)
Applicant(s)
Glauber David
As: Sterling Capital Solutions Incorporated
22 Wolfe Drive, Suite #1, Spring Valley, NY 10977

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

February 1, 2024 (MB-MBD)
Full Service Branch
Cardinal Financial Company, Limited Partnership
4072 Hylan Blvd, Ste A1, Staten Island, NY 10308

February 2, 2024 (MB-MBD)
Full Service Branch
Everett Financial, Inc.
50 Clinton Avenue, Suite One, Cortland, NY 13045

February 6, 2024 (MB-MBD)
Full Service Branch
Embrace Home Loans, Inc.
50 Jordan Street, Suite 200, East Providence, RI 02914

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

February 7, 2024 (BR-MBD)
Full Service Branch
Fort Funding Corp.
7016 Fort Hamilton Parkway, Brooklyn, NY 11228

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

January 17, 2024 (bp-LFS)
DEBT REDUCTION SERVICES, INC.  
6213 N. Cloverdale Rd. Suite #130, Boise, ID 83713

The relocation of the main office was approved as follows, effective December 1, 2023: 

From:  6213 N. Cloverdale Rd. Suite #100, Boise, ID 83713 
To:  6213 N. Cloverdale Rd. Suite #130, Boise, ID 83713

January 22, 2024 (MI-CRB)

EVOLVE BANK & TRUST

301 Shoppingway Boulevard, West Memphis, AR 72301

Notification received, in accordance with Supervisory Policy G 8, of the relocation of a representative office from 32 Clinton Street, Saratoga Springs, Saratoga County, New York 12866 to 92 Congress Street, Saratoga Springs, Saratoga County, New York 12866, effective February 1, 2024.

February 2, 2024 (CC-LFS)
NY COMMUNITY FINANCIAL, LLC  
10 Elizabeth Street, River Edge, New Jersey 07661

The license to engage in business as a casher of checks at the following location has been surrendered, effective December 27, 2023: 
   
Branch office:    523 Flushing Avenue, Brooklyn, New York 11205-1610

February 6, 2024 (LP-RID)
DIBBS TRUST COMPANY LLC
One Liberty Plaza, Third Floor, New York, NY 10006

Articles of Organization filed for examination.

February 6, 2024 (TR-CRB)
MANUFACTURERS AND TRADERS TRUST COMPANY
One M&T Plaza, Buffalo, NY 14203

Applicant notified in writing that no objection will be interposed to the establishment of an electronic facility (automated teller machine) at 10 Beaver Valley Road, Wilmington, New Castle County, Delaware 19720.

February 6, 2024 (SF-LFS) 
STELLANTIS FINANCIAL SERVICES, INC.
5757 Woodway Drive, Suite 400, Houston, Texas 77057

Application for a license to engage in business as a sales finance company was approved effective February 1, 2024.

License issued to engage in the business as a Mortgage Banker Branch under Article 12-D of the New York Banking Law:
 

February 6, 2024 (MB-MBD)
Full Service Branch
Carrington Mortgage Services, LLC
4 Commerce Street, Space A-1, Office B, Poughkeepsie, NY 12603

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

February 6, 2024 (BR-MBD)
Full Service Branch
Block Financial Resources LLC
2405 Quantum Blvd., Suite 201, Boynton Beach, FL 33426

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

February 1, 2024 (MB-MBD)
Jet Direct Funding Corp.
189-13 Jamaica Ave, Suite 101, Hollis, NY 11423
Effective Date: January 29, 2024

February 1, 2024 (MB-MBD)
NLC Loans in lieu of Nations Lending Corporation
50 Market St., Suite 6, Saddle Brook, NJ 07663
Effective Date: December 4, 2023

February 1, 2024 (MB-MBD)
loanDepot.com, LLC
2090 Linglestown Rd, Suite 103, Harrisburg, PA 17110
Effective Date: January 25, 2024

February 2, 2024 (MB-MBD)
Paragon Home Loans Inc.
50 Clinton Avenue, Suite One, Cortland, NY 13045
Effective Date: January 25, 2024

February 2, 2024 (MB-MBD)
Paragon Home Loans Inc.
1780 Wehrle Drive, Suite 100, Williamsville, NY 14221
Effective Date: January 25, 2024

February 5, 2024 (MB-MBD)
Allied Mortgage Group, Inc.
560 West 3rd Street, Suite 9, Jamestown, NY 14701
Effective Date: January 31, 2024

February 7, 2024 (MB-MBD)
CrossCountry Mortgage, LLC
26 Mill Plain Road, Suite 2E, Danbury, CT 06811
Effective Date: January 30, 2024

Mortgage Banker License Address Changes:

February 6, 2024 (MB-MBD)
Longbridge Financial, LLC
From: One International Blvd., Suite 900, Mahwah, NJ 07495
To: 61 South Paramus Road, Suite 500, Paramus, NJ 07652

February 6, 2024 (MB-MBD)
Arc Home LLC
From: 3001 Leadenhall Road, Suite 301, Mount Laurel, NJ 08054
To: 224 Strawbridge Drive, Suite 200, Moorestown, NJ 08057

Mortgage Broker Certificate Address Changes:
 

February 6, 2024 (BR-MBD)
Man Ching Lee   D/B/AH. K. Realty & Funding Company
From: 153 Centre Street, Suite 102, New York, NY 10013
To: 6203 8th Avenue 1st Floor, Brooklyn, NY 11220

Mortgage Banker Branch License Address Changes:
 

February 6, 2024 (MB-MBD)
PHH Mortgage Corporation
From: 14405 Walters Road, Suites 300-400, Houston, TX 77014
To: 14405 Walters Road, Suite 210 A, Houston, TX 77014

February 6, 2024 (MB-MBD)
Movement Mortgage, LLC
From: 95 Public Square, Suite 204, Watertown, NY 13601
To: 200 Mullin Street, Suite 201, Watertown, NY 13601

February 6, 2024 (MB-MBD)
Freedom Mortgage Corporation
From: 8787 Baypine Road, 5th Floor, Jacksonville, FL 32256
To: 224 Ponte Vedra Park Drive, Suite 100, Ponte Vedra Beach, FL 32082