To: All Member Banks in the Third Federal Reserve District
Attention: Chief Executive Officer
Subject: Election Results and Other Appointments
Summary:
We are pleased to announce the following election results:
- Walter E. Daller, Jr., Chairman, President & Chief Executive Officer, Harleysville National Corporation, Harleysville, Pennsylvania, has been elected a Class A director by member banks in Electoral Group 1.
- P. Coleman Townsend, Jr., Chairman & Chief Executive Officer, Townsends, Inc., Wilmington, Delaware, has been elected a Class B director by member banks in Electoral Group 2.
Mr. Daller's and Mr. Townsend's three-year terms will begin January 1, 2002.
We are pleased to announce the following appointments that were made by the Board of Governors of the Federal Reserve System and are effective January 1, 2002:
- Charisse R. Lillie, Partner, Ballard Spahr Andrews & Ingersoll, Philadelphia, Pennsylvania, has been re-appointed Chairman of the Board of Directors.
- Glenn A. Schaeffer, President, Pennsylvania Building & Construction Trades Council, Harrisburg, Pennsylvania, has been re-appointed Deputy Chairman of the Board of Directors.
Our Board of Directors made the following appointment:
- Rufus A. Fulton, Jr., Chairman and Chief Executive Officer, Fulton Financial Corporation, Lancaster, Pennsylvania, has been appointed by the Board of Directors of this Reserve Bank to represent the Third District on the Federal Advisory Council during 2001.
Federal Reserve Bank of Philadelphia
BOARD OF DIRECTORS 2002
- Charisse
R. Lillie, Chairman
Partner
Ballard Spahr Andrews & Ingersoll - Glenn
A. Schaeffer, Deputy Chairman
President
Pennsylvania Building & Construction Trades Council - Robert
E. Chappell
Chairman & Chief Executive Officer
The Penn Mutual Life Insurance Company - Walter
E. Daller, Jr.
Chairman, President & Chief Executive Officer
Harleysville National Corporation - Doris
M. Damm
President & Chief Executive Officer
ACCU Staffing Services - Frank
Kaminski, Jr.
Chairman
Atlantic Central Bankers Bank - P.
Coleman Townsend, Jr.
Chairman & Chief Executive Officer
Townsends, Inc. - Ronald
J. Naples
Chairman & Chief Executive Officer
Quaker Chemical Corporation - Robert
J. Vanderslice
President & Chief Operating Officer
Pennsville National Bank
Additional Information: Inquiries concerning this circular letter should be directed to Herbert E. Taylor, Vice President and Secretary, at (215) 574-6439.