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FEDERAL RESERVE BANK OF NEW YORK [ Check Department Circular No. 532, March 1, 19231 Reference to Circular No. 515 Collection of Checks Immediate Credit for Certain New Jersey Checks To All Banks and Trust Companies in the Second Federal Reserve District: The Northern New Jersey Clearing House Association has notified us that the West Bergen Trust Company of Jersey City, New Jersey, has been admitted to its membership as a non-member clearing bank. Therefore, checks drawn on that company will be received by us on and after March 5, 1923, for immediate credit* in the same manner as checks drawn on certain other New Jersey banking institutions listed in our time schedule effective since January 2, 1923. Such checks will of course be received and handled under the terms and conditions of our circular entitled "Collection of Checks" dated January 2, 1923. Very truly yours, B E N J . STRONG Governor * If received by the Buffalo Branch credit is given one day after such receipt.
@FedFRASER