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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.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102