Great Lakes Bancorp Inc. said Monday it has stopped mortgage banking activities in Buffalo and Long Island, N.Y., and is no longer accepting residential mortgage applications.
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The Buffalo, N.Y., bank holding company didn't say in a Securities and Exchange Commission filing why it's ceasing these activities.
"Existing applications are being processed in the ordinary course of business," the company said in the filing.
Great Lakes Bancorp shares closed Monday at $13.64 each, up 19 cents.
