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FEDERAL RESERVE BANK
OF NEW YORK

[

Circular No. 10420 ~|
December 27, 1990 J

Election and Appointment of Directors of This Bank
To the Member Banks of the Second Federal Reserve District:

B arbara H a r d in g , C hairm an of the Board and C hief Executive Officer, The
Phillipsburg National Bank and Trust Company, Phillipsburg, N. J., has been elected
by m em ber banks in Group 3 as a Class A director of this Bank for a three-year
term beginning January 1, 1991. She succeeds J. K irby F o w l e r , President and
C hief Executive Officer, The Flemington National Bank and Trust Company,
Flem ington, N.J., who has served as a Class A director since January 1988.
E llen V. F utter has been reappointed a Class C director of this Bank for

a three-year term beginning January 1, 1991 by the Board of Governors of the Fed­
eral Reserve System. The Board of Governors has also reappointed her Deputy
C hairm an for the year 1991. Ms. Futter, who is President of Barnard College, New
York, N. Y., has been serving as a Class C director since January 1988, and as Dep­
uty Chairm an since Septem ber 1988.
C yrus R. V ance has been redesignated Chairm an of the Board and Federal

Reserve Agent for the year 1991 by the Board of Governors. Mr. Vance is presiding
partner of the New York law firm of Sim pson Thacher & Bartlett. He has been serv­
ing as a Class C director, C hairm an of the Board, and Federal Reserve Agent since
January 1989.
E .

G

e r a l d

C

o r r ig a n

,

President.