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** FEDERAL RESERVE BANK OF NEW YORK April 10, 1996 * CHECK OPERATIONS Consolidations at EROC and Utica Office r< To All Depository Institutions in the Second Federal Reserve District, and Others Concerned: Earlier this year, the Federal Reserve Bank o f New York announced plans to consolidate at our East Rutherford O perations Center (EROC) all dow nstate New York check processing operations and to consolidate at our Utica Office all check adjustm ents processing for the Second District. The initial phase o f the transition to these consolidations is about to begin. In this connection, the Bank asks your cooperation with the following: 4 -* • A s o f the close of business April 19, 1996, we will consolidate our processing of all City (New York) forward and return item check collection deposits at the EROC. We will trans ship City work currently deposited at our Jericho Office to the EROC for processing. In addition, we will transship to the EROC all forward and return item check collection deposits currently sent to the Head Office. All o f this work will be processed by the EROC w ith the exception of separately sorted Country (0215, 0216, 2215, and 2216 routing num bers), RCPC (0214, 0219, 2214, and 2219 routing num bers), and G overnm ent C heck deposits which we will send to the Jericho Office for processing until further notice. • There will be no changes with respect to deposit deadlines or credit availability for your deposits. > ** • Credit accounting entries for all City check deposit types — Unsorted Regular, Unsorted Prem ium , Group I, Group II, and Fine Sort — will appear on your account statem ent (or your correspondent’s account statem ent, if applicable) as having been functioned to your account by the EROC. ft • If you are classified as a New York City depository institution (those with routing num bers 0210, 0260, 2260, and 8 0 0 0 ), you will receive physical check presentm ents (“ in clear ings”), Payor Bank Services (if you are a Payor B ank Service custom er), and any related debit accounting entries from the EROC. • The EROC will continue to send M anhattan, Bronx, and Brooklyn Collection A rrangem ent and Thrift Institution Collection A rrangem ent (M B & B and TICA) check presentm ents to our Head Office in New York for pickup by participants of these collection arrangem ents. A lso, the EROC w ill continue to send N ew York C learing H ouse m em bers and City C ollection Departm ent check presentm ents to the New York Clearing House in New York * for pickup by this association’s participants. If you prefer, special arrangem ents for check presentm ent pickups at the EROC may be m ade by contacting either Deanna Nodine at (201) 531-3405, or Reggie Skowronski at (201) 531-3350. Travelers check numbers 8000-0002-2, 8000-0006-4, 8000-0010-3. 8000-0011-6, and 8000-0013-2. (OVER) If you have any questions regarding this matter, please direct them to any of the individuals listed below. ERQC TELEPHONE NUMBERS Don Anderson Regional Check Manager (201)531-3410 Reggie Skowronski Staff Director (201)531-3350 JERICHO OFFICE Matt Puglisi Regional Check Manager (516) 997-4569 Mary Anne Banevicius Staff Director (516) 997-4905 Pa u l L. M c E vily, V ice P r e s id e n t C h e c k F u n ctio n
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