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F E D E R A L R E S E R V E BANK OF NEW YORK J" Circular N o. 4 4 7 5 1 L June 7, 19S7 J Collection of Cash Items and Noncash Items Drawn on, or Payable at or through Virgin Islands National Bank To all M em ber and Nonm em bcr Clearing Banks in the Second Federal R eserve D istrict: As we advised you on May 31, 1957, the Virgin Islands National Bank, Charlotte Amalie, St. Thomas, Virgin Islands, became a member of the Federal Reserve System and a stockholder o f this Bank 011 that date. The bank’s head office at Charlotte Amalie, St. Thomas, Virgin Islands, has now been assigned the transit number-routing symbol *^216^ ' ^ 1 kank ,s branch at Christiansted, St. Croix, Virgin Islands, has been assigned G the transit number-routing symbol W e will receive and handle for collection, in accordance with the terms and conditions of our applicable operating circulars, cash items and noncash items drawn 0 11 , or payable at or through that bank. Credit for cash items will be given two business days after receipt by us. Banks forwarding to us separately sorted deferred-credit cash letters may include cash items drawn on the Virgin Islands National Bank with items payable in those counties o f New Jersey and Connecticut that are included in the Second Federal Reserve District (routing symbols 211 and 212). A l f r e d H a y e s , President.