| September 10, 1996
|Circular No. 10873|
To All Depository Institutions and Others Concerned in the Second Federal Reserve District:
Due to the severe weather conditions in Puerto Rico resulting from Hurricane Hortense and the closing of the Luis Munoz Marin International Airport and island based depository institutions, there have been delays in the presentment of cash items, the return of unpaid items, and the forwarding of advices of nonpayment in Puerto Rico and the Virgin Islands. Effective September 11, 1996, and until such time as conditions permit us to resume presenting and returning cash items, this Bank will defer credit for items drawn on, or cash items returned to, depository institutions having routing numbers with 0215, 0216, 2215 or 2216 prefixes.
Paul L. McEvily