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:

  • David R. Hunsicker, chairman, president, and CEO, New Tripoli Bank, New Tripoli, PA, has been elected as a Class A director by member banks in Electoral Group 3. Mr. Hunsicker’s term will begin January 1, 2013.
  • Rosemary Turner, president, UPS — Chesapeake District, Philadelphia, PA, has been elected as a Class B director by member banks in Electoral Group 1. Ms. Turner’s term will begin January 1, 2013.

Additionally, the following appointments were made by the Board of Governors of the Federal Reserve System and are effective January 1, 2013:

  • Jeremy Nowak, former president, William Penn Foundation, and former CEO, The Reinvestment Fund, Philadelphia, PA, has been reappointed chairman of the board of directors.
  • James Nevels, chairman and founder, The Swarthmore Group, Philadelphia, PA, has been reappointed deputy chairman of the board of directors.

Federal Reserve Bank of Philadelphia - Board of Directors 2013

Jeremy Nowak, Chairman

Former President
William Penn Foundation
and
Former CEO
The Reinvestment Fund

James Nevels, Deputy Chairman

Chairman
The Swarthmore Group

Michael J. Angelakis

Vice Chairman & Chief Financial Officer
Comcast Corporation

Keith S. Campbell

Chairman
Mannington Mills, Inc.

Patrick T. Harker

President
University of Delaware

David R. Hunsicker

Chairman, President & CEO
New Tripoli Bank

Frederick (Ted) C. Peters

Chairman & CEO
Bryn Mawr Trust Company

R. Scott Smith, Jr.

Chairman & CEO
Fulton Financial Group

Rosemary Turner

President
UPS — Chesapeake District

Additional information:

Inquiries concerning this circular letter should be directed to Linda O’Donnell, Assistant to the Corporate Secretary, at (215) 574-6389.