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This is to inform you that we have received an application, pursuant to 9-B, MRSA Chapter 121, for a certificate of public convenience and advantage to establish a nondepository trust company to be known as The New York Trust Company and to be located at 200 Public Square, Suite 2500, BP Building, Cleveland, Ohio. The nondepository trust company will have a registered office in Maine.

The application has been filed by Prim Capital Corporation, an Ohio corporation that provides investment advice, consulting and financial planning services to individuals, trusts and institutions. The names, addresses and occupations of the initial proposed directors are listed below.

Christian Laettner Ponte Vedra Beach, FL Owner, BD Ventures
Joseph A. Lombardo Cleveland, OH President, Prim Capital Corporation
Aaron McKie Narberth, PA Professional Basketball Player
Scottie Pippen Highland Park, IL Pippen Enterprises
Terry Porter Mequon, WI Asst. Coach, Detroit Pistons

You may submit written comments on this application to the Bureau of Financial Institutions, 36 State House Station, Augusta, Maine 04333-0036 or electronically through the Bureau of Financial Institutions' Web site at A hearing on this application will be held by the Superintendent, as provided in 9-B MRSA Section 252, upon receipt of a bona fide and reasonable request. The Bureau will accept written comments and requests for a hearing through Monday, February 12, 2007. The Superintendent's decision on this application will be based on the decision-making criteria set forth in 9-B MRSA Section 253.

Lloyd P. LaFountain III

Gardiner, Maine
January 4, 2007

Last Updated: November 8, 2018