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FEDERAL RESERVE BANK OF NEW YORK [ Circular No. 10427 "1 January 22, 1991 Receivership of Irving Savings and Loan Association To All Depository Institutions, and Others Concerned, in the Second Federal Reserve District: We have been advised that effective January 18, 1991, the Director of the Of fice of Thrift Supervision, Department of the Treasury, determined that a ground for the appointment of a receiver existed for Irving Savings and Loan Association, Paterson, New Jersey (“Old Irving”). The Resolution Trust Corporation (the “RTC”) was appointed receiver for the purpose of liquidation. Irving Federal Savings and Loan, Paterson, New Jersey (“New Irving”), a newly chartered Federal savings as sociation, has been organized to take over certain of the assets and liabilities of Old Irving. The RTC has been appointed the conservator of New Irving. New Irving has agreed to accept presentment of cash items payable by, through, or at Old Irving and to accept the return of cash items originally deposited at Old Irving. New Irving will use the routing number previously used by Old Irving (2212-7116-8). E. G er a ld C o rrig a n , President.
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