A, NEW YORK STATE ta tj * DEPARTMENT Seeh4, FINANCIAL SERVICES Andrew M. Cuomo Anthony J. Albanese Governor Acting Superintendent July 6, 2015 André P, Bohy President Omni Financial of New York, Inc. P.O. Box 467 New Rochelle, NY 10802-0467 Re: Licensing Under Article IX of the Banking Law Dear Mr. Bohy: ‘The Department of Financial Services acknowledges your letter dated April 7, which states that the Omni Financial office located at 26000 US Rt. 11, Evans Mills, NY will begin making loans under the New York Licensed Lender Law. We are writing to confirm that any and all loans issued from said office will be issued by Omni Financial of New York, Inc. (License LL 101522), and no longer through Omni Financial of Nevada, Inc. fk/a Omni Loan Company, LTD. Please be advised that the Department has determined that henceforth, any person making a loan to a servicemember stationed in New York, irrespective of the address listed on the servicemembers’ Leave and Earning Statements: (i) in an amount of (a) $25,000 or less for personal, family, household or investment purposes, or (b) $50,000 or less for business or commercial loans; and (ii) charges, contracts for, or receives a rate of interest greater than 16%! is required to be licensed as a licensed lender, pursuant to Article 9 of the Banking Law. Very truly yours, qe — Joy Feigenbaum Executive Deputy Superintendent Financial Frauds & Consumer Protection " Banking Law, Sections 340 and 14-2. (212) 708.3500] ONE STATE STREET, NEW YORK, NY 10004-1511 | WWW.DFS.NY.GOV