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FEDERAL RESERVE BANK
OF NEW YORK

Novem ber 18, 1987

To A ll B a n k ing Institutions in the
S e c o n d F e d e ra l R eserv e D istrict:

The C om ptroller o f the C urrency has advised us th at a certificate o f
authority to com m ence business has been issued to T h e P a rk A v en u e B a n k ,
N atio n al A ssociation , New Y ork, N .Y . This newly organized bank was

established and opened for business on N ovem ber 6, 1987. By virtue o f its
being a national bank, it has becom e a mem ber o f the Federal Reserve
System. The capital stock o f the bank is $ 7 0 0 ,0 0 0 , and its surplus is
$ 6 ,3 7 0 ,0 0 0 .
Officers o f the bank are:
F ra n k lin D. R o o s e v e l t , J r .

Chairman

L ee d s H a c k et t

President and Chief Executive Officer

G a il l a r d L . Sch m id t

Executive Vice President

J ohn M a l o n e

Cashier

The routing number o f the bank is

260

encoded 0260-1135, check digit 8.

E. G erald C orrigan ,

President.