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Circular Letter 5716
December 3, 2012
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
William Penn Foundation
The Reinvestment Fund
James Nevels, Deputy Chairman
The Swarthmore Group
Michael J. Angelakis
Vice Chairman & Chief Financial Officer
Keith S. Campbell
Mannington Mills, Inc.
Patrick T. Harker
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
UPS — Chesapeake District
Inquiries concerning this circular letter should be directed to Herbert E. Taylor, vice president and secretary, at (215) 574-6439.