Circular Letters

Circular Letter 5706

November 27, 2009

To: All Member Banks in the Third Federal Reserve District

Attention: Chief Executive Officer

Subject: Election Results and Other Appointments

We are pleased to announce the following election results:

Deborah M. Fretz, President/CEO/Director, Sunoco Logistics, Philadelphia, PA, has been elected a Class B director by member banks in Electoral Group 2. Ms. Fretz's term will begin January 1, 2010.
Aaron L. Groff, Jr., President & CEO, Ephrata National Bank, Ephrata, PA, has been re-elected a Class A director by member banks in Electoral Group 3. Mr. Groff's term will begin January 1, 2010.

Additionally, the following appointments were made by the Board of Governors of the Federal Reserve System and are effective January 1, 2010:

Charles P. Pizzi, President & CEO, Tasty Baking Company, Philadelphia, PA, has been appointed Chairman of the Board of Directors.
Jeremy Nowak, President, The Reinvestment Fund, Philadelphia, PA, has been appointed Deputy Chairman of the Board of Directors.
James Nevels, Chairman, The Swarthmore Group, Philadelphia, PA, has been appointed as a Class C director.

President & CEO
Tasty Baking Company

President & CEO
The Reinvestment Fund

Retired Executive Vice President
Lockheed Martin Information & Technology Services

Chairman
Mannington Mills, Inc.

Chairman & CEO
Wilmington Trust Corporation

President & CEO
Bryn Mawr Trust Company

Chairman, President & CEO
The Ephrata National Bank

President/CEO/Director
Sunoco Logistics

Chairman
The Swarthmore Group

Inquiries concerning this circular letter should be directed to Herbert E. Taylor, Vice President and Secretary, at (215) 574-6439.