Weekly Banking Bulletin - May 6, 2022 (2023)

6. May 2022

SECTION I

This section documents the receipt of inquiries and notices to the Banking Division of the Department of Financial Services. Inquiries and notices received by foreign and wholesale banks, community and regional banks and licensed financial service providers are listed in the order in which they were received; Applications and notices received by the mortgage bank are listed at the end of Section I by type of application or notice.THE WEEKLY BULLETIN CONSTITUTES THE ONLY WRITTEN NOTICE OF SUCH SUBMISSIONS ISSUED BY THE DEPARTMENT.Any comments or objections to any item contained in this weekly bulletin must be submitted 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, any such comments or objections, including those relating to CRA-related inquiries, must be sent by mail or in person to the Office of the General Counsel, New York State Department of Financial Services, One State Street, New York, New York, addressed to York 10004-1417 before the specified time limit or (b) by email[email protected].

SECTION II

This section contains actions taken by the Superintendent of Financial Services and other information related to the activities of the Banking Division of the Department of Financial Services. Measures relating to institutions regulated by foreign and wholesale banks, community and regional banks and licensed financial services are listed in order of the date of the measure; Actions related to entities supervised by Banca Imobiliária 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 division of the department that has oversight responsibility for the institution. Below is a list of the codes and their meanings:

Institutional Codes

Regulatory entity codes

SECTION I

28. April 2022 (SF-LFS)
TAMMAC HOLDINGS CORPORATION
613 Baltimore Drive, Suite 1, Wilkes Barre, Pensilvânia 18702

An application has been made for a license to operate a branch office at 613 Baltimore Drive, Suite 1, Wilkes Barre, Pennsylvania 18702.

The publication of the receipt of this application does not mean that the application is considered complete. An application is considered complete and submitted when all required and requested information has been submitted by the applicant to the Department.

29. April 2022 (TR-CRB)
TOMPKINS COMMUNITY BANK
118 East Seneca Street, Ithaca, NY 14850

Received notice of intent to close a branch at 179 Sully's Trail, Town of Perinton, Monroe County, New York 14534.

The comment period for this release expires on June 6, 2022.

5. Mai 2022 (SB-CRB)
APPLE BANK TO SAVE
122 East 42nd Street, Nova York, NY 10168

Application received May 5, 2022 to open and occupy a branch at 1421-1425 Sheepshead Bay Road, Borough of Brooklyn, City of New York 11235.

Application for opening a mortgage bank received for consideration:

28. April 2022 (MB-MBD)
Full-Service-Filiale
Rocket Mortgage, LLC
129 Wallins Corners Road, Amsterdam, NY 12010

28. April 2022 (MB-MBD)
Full-Service-Filiale
Premium Mortgage Company
1523 Hendry Street, Fort Myers, FL 33901

28. April 2022 (MB-MBD)
Full-Service-Filiale
Absolute Home Mortgage Corporation D/B/A
crown mortgage
406 Broad Street, Suite 1C, Milford, PA 18337

28. April 2022 (MB-MBD)
Full-Service-Filiale
Reliance First Capital, LLC
100 Paramount Drive, Suite 205, Sarasota, FL 34232

28. April 2022 (MB-MBD)
Full-Service-Filiale
Jet Direct Funding Corp. D/B/A
Jato Direkthypotek
senior reverse network
164-19 Hillside Avenue, Ste 1, Jamaica Hills, NY 11432

29. April 2022 (MB-MBD)
Full-Service-Filiale
American Neighborhood Mortgage Acceptance Company LLC D/B/A
AnnieMac Residential Mortgage
LOFIDIRECT
306 South New Street, Büro 212, Bethlehem, PA 18015

2. Mai 2022 (MB-MBD)
Full-Service-Filiale
Price Guaranteed, Inc.
8 Essex Center Drive, Suite 305, Peabody, MA 01960

Article 12-E Orders received. Listed persons may not engage in mortgage origination prior to approval of their license application. They must also complete all necessary education, testing and retention requirements by the dates set out in Part 420 of the Superintendent's Regulations, which can be found on the Department's website.

SECTION II

27. April 2022 (SB-CRB)
APPLE BANK TO SAVE
122 East 42nd Street, Nova York, NY 10168

Permission granted to open and occupy a location at 99 Wood Avenue South, 8th Floor, Iselin, Middlesex County, New Jersey 08830 effective April 28, 2022.

27. April 2022 (CU-CRB)
CFCU COMMUNITY CREDIT UNION
1030 Craft Road, Ithaca, NY 14850

Approved the motion to amend the Articles of Association to extend the scope of the association to Madison and Onondaga counties under Section 451-a of the New York Banking Act.

1. From 2022 (MI-CRB)
CENTER OF THE FEDERAL CREDIT UNION
7200 Kirkville Road, East Syracuse, NY 13057

The CORE Federal Credit Union Conversion Plan, along with the CORE Credit Union Organization Certificate, has been filed with the Superintendence of Financial Services and a Certificate of Authorization has been issued with respect to the federal-to-state conversion of the CORE Federal Credit Union pursuant to Section 486 of the New York Banking Act under the name CORE Credit Union. The transition took effect on May 1, 2022 at 12:00 p.m.

In addition to the head office mentioned above, the credit union maintains the following offices:
651 Centerville Place, North Syracuse, NY 13212

1. May 2022 (CU-CRB)
CFCU COMMUNITY CREDIT UNION
1030 Craft Road, Ithaca, NY 14850
CREDIT UNION CENTER
7200 Kirkville Road, East Syracuse, NY 13057

Pursuant to the provisions of Section 601-b of the New York Banking Act, effective May 1, 2022 at 12:01 a.m., the Superintendent of Financial Services filed an agreement and plan of formation dated September 3, 2021 and other required documents governing the merger of the CORE Credit Union with and into the CFCU Community Credit Union under the name CFCU Community Credit Union. The following CORE Credit Union offices became CFCU Community Credit Union stations:
7200 Kirkville Road, East Syracuse, NY 13057
651 Centerville Place, North Syracuse, NY 13212

3. From 2022 (MI-CRB)
COMMUNITY BANKING SYSTEM, INC.
5790 Widewaters Parkway, DeWitt, NovaYork 13214

COMMUNITY BANK, N.A.(MI-CRB)
45-49 Court Street, Canton, NY 13217

Section 143-b Banking Act Applications to Community Bank N.A. Acquiring Control and Authorizing Community Bank System, Inc. to Acquire Indirect Control of Elmira Savings Bank, Elmira, New York.

(Control filings are required due to the proposed merger of Elmira Savings Bank with and into Community Bank, N.A.)

3. Mai 2022 (SB-CRB)
ELMIRA SPARBOX
333 East Water Street, Elmira, NY 14901

EAGLE INTERIM BANK, N.A. (MI-CRB)
5790 Widewaters Parkway, DeWitt, NovaYork 13214

Approving the Section 601-b Banking Act Application for Eagle Interim Bank, N.A. merged with Elmira Sparkasse under the name Elmira Sparkasse.

(It is expected that Elmira Savings Bank will merge with Community Bank, N.A. under the name Community Bank, N.A. immediately following the proposed merger.)

4. Mai 2022 (BK-CRB)
BANK OF APPLE
28-39 31st Street, Astoria, NY 11102

Pursuant to Section 28-c of the Banking Act, the Superintendent of Financial Services has concluded that the proposed closure of the branch at 213-11 Northern Boulevard, Bayside, Borough of Queens, New York City 11361 will not result in a material reduction in Services financial resources in the affected community.

4. From 2022 (MI-CRB)
DEVELOP BANK AND VERTRAUEN
301 Shoppingway Boulevard, West Memphis, AR 72301

Notice Received Pursuant to G8 Oversight Policy Regarding the Relocation of a Representative Office from 63 Putnam Street, Suite 202, Saratoga Springs, Saratoga County, New York 12866 to 32 Clinton Street, Saratoga Springs, Saratoga County, New York 12866, effective May 1, 2022.

4. Mai 2022 (BK-CRB)
Subscription bank
565 Fifth Avenue, New York, NY 10017

Permission to change branch location from 9665 Wilshire Boulevard, (Suite 250), Beverly Hills, Los Angeles County, California 90212 to 9665 Wilshire Boulevard, (Suite 300), Beverly Hills, Los Angeles County, California 90212 on or after Granted May 5, 2022.
(This agency will provide all of the services offered at the existing location, in addition to checkout services.)

3. Mai 2022 (MB-MBD)
Full-Service-Filiale
Price Guaranteed, Inc.
2754 NW Crossing Drive, Suite 201, Bend, OR 97703

License to carry out the activity of a mortgage banking agency granted:

28. April 2022 (MB-MBD)
Motion Mortgage, LLC
2271 Route 33, Suite 106, Hamilton, NJ 08690
Effective Date: April 18, 2022

28. April 2022 (MB-MBD)
Motion Mortgage, LLC
484 Main Street, Suite Nr. 3, East Aurora, NY 14052
Effective Date: April 18, 2022

28. April 2022 (MB-MBD)
Motion Mortgage, LLC
2 Speedwell Avenue, 6. Stock, Suite 630, Morristown, NJ 07960
Effective Date: April 18, 2022

4. Mai 2022 (MB-MBD)
Quik Fund, Inc.
98-13 Astoria Boulevard, 2. Stock, East Elmhurst, NY 11369
Effective Date: April 18, 2022

4. Mai 2022 (MB-MBD)
PHMC Mortgage
469 7th Avenue, Suite 759, New York, NY 10018
Effective Date: April 18, 2022

4. Mai 2022 (MB-MBD)
Price Guaranteed, Inc.
2861 Executive Drive, Suite 100, Clearwater, FL 33762
Effective Date: April 29, 2022

Mortgage Broker Certificate Address Changes:

3. Mai 2022 (BR-MBD)
Mitchell Funding by Valley Stream, Inc.
De: 20 West Lincoln Avenue, Suite 307, Valley Stream, NY 11580
Abs.: 17 West Oxford Street, Valley Stream, NY 11580

4. Mai 2022 (BR-MBD)
Oleg Zarew
Location: 3171 Richmond Road, 2nd Stock, Staten Island, NY 10306
Abs.: 7255 Amboy Road, Suite A, Staten Island, NY 10307

Authorizations to engage in mortgage lending business under Section 12-E of the New York State Banking Act.

Mortgage Lender Licensing Applications under Section 12-E of the New York Banking Act, WITHDRAWN. The listed individuals may not participate in the origination of New York State mortgage loans or New York State residential real estate: