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FEDERAL RESERVE BANK OF NEW YORK ^ $AA> .Jlo / ^ % April 20, 1989 To All Banking Institutions in the Second Federal Reserve District: We are pleased to announce that Participants T rust Company, New York, N.Y., a limited purpose trust company, has been admitted to membership in the Federal Reserve System. Its capital stock is $5,000,000, and its surplus is $ 10,000,000. Officers of the bank are: Howard S hallcross Chairman Michael Urkowitz Vice Chairman John J. Sceppa President C harles F. Martin , J r . Senior Vice President N icholas Sziklai Vice President for EDP Services N ickolaos A. Kontoleon Vice President for Depository Development! Marketing Roger D u F ault Vice President for Operations Kathryn S. Pruim Vice President and Secretary Patrick McE nerney Chief Credit Officer E. G erald C orrigan , President.