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F E D E R A L R E S E R V E BAN K O F N EW Y O R K October 16, 1970 T o A l l B a n k in g In s titu tio n s in the S e co n d F e d era l R e s e r v e D is tr ic t: The Comptroller of the Currency has advised us th at a certificate of authority t o commence business has been issued to J e f f e r s o n N a t i o n a l B a n k , Passaic, New Jersey. This newly organized bank will officially open for business October 17, 1970 and, by virtue of its being a national bank, will become a member of the Federal Reserve System. The capital of the bank is $600,000 and its surplus is $600,000. Officers of the bank a r e : Jo h n A. Celentano Chairman of the Board and President D a n i e l A . D a vis Executive Vice President A l f o n s o D e F eo Senior Vice President and Cashier A l b e r t R. K u d la c h Vice President Sol H. L e v in e Vice President T heodore R udbart Vice President R a y m o n d L. S is c o Vice President The A.B.A. transit number and check routing symbol of the bank is SS-394 —| j 7 , encoded 0217-0394. A lfred H a y es, President.