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FEDERAL RESERVE BANK OF N EW YORK August 24, 1964 To All Banking Institutions in the Second Federal Reserve District: The Comptroller of the Currency has advised us that a certificate of authority to commence business has been issued to B a n k o f S p a rta , P e o p le s N a tio n a l, Sparta, New Jersey. This newly organized bank has officially opened for business today and, by virtue of its being a national bank, has become a member of the Federal Reserve System. The capiĀ tal of the bank is $200,000, and its surplus $200,000. Officers of the bank a re: F ran k J. R e d fe r n President C arl H . K ie lm a n n Executive Vice President and Cashier R ic h a r d E. Assistant Vice President and Assistant Cashier W h itn e y The A.B.A. transit number and check routing symbol of the bank is 212 , encoded 0212-0376. A lfred H ayes, President. 19 14 FIFTIETH ANNIVERSARY 19 6 4