Circular
Result of Election of Class A Director for Unexpired Portion of Term Ending December 31, 2001
March 31, 2000
Circular No. 11238

To the Member Banks of the Second Federal Reserve District:

The election of a class A director of this Bank for the unexpired portion of the term ending December 31, 2001, has been duly held in accordance with the requirements of section 4 of the Federal Reserve Act, as amended, and the provisions of Circular No. 11229, dated February 7, 2000.

The result of the election is as follows:

T. Joseph Semrod, Chairman of the Board and Chief Executive Officer, Summit Bancorp, Princeton, N.J., was elected by member banks in Group 2 as a class A director of this Bank for the unexpired portion of the term ending December 31, 2001.