2003-030RESOLUTION NO. 2003-030
RESOLUTION DESIGNATING DEPOSITORIES
FOR THE TOWN OF WAPPINGER
At the reorganization meeting of the Town Board of the Town of Wappinger,
Dutchess County, New York, held at Town Hall, 20 Middlebush Road, Wappingers Falls,
New York, on the 2nd day of January, 2003, at 7:30 P.M.
The meeting was called to order by Joseph Ruggiero, Supervisor, and upon roll
being called, the following were present:
PRESENT:
ABSENT:
Supervisor
Councilmen -
Joseph Ruggiero
Robert L. Valdati
Vincent F. Bettina
Joseph P. Paoloni
Christopher J. Colsey
The following Resolution was introduced by Mr. -olsey and seconded by
Mr. Paoloni
BE IT RESOLVED, that the HSBC Bank USA, the Chase Manhattan Bank,
Fleet Bank, M & T Bank, Bank of New York, Charter One Bank, JP Morgan/Chase and
Putnam County Savings Bank each being a banking institution maintaining banking
rooms and offices in Dutchess County, New York, be and they each hereby are severally
designated as depositories of the monies of this Town, and
BE IT FURTHER RESOLVED, that the Town Clerk be and she hereby is
directed to give notice of such designation to each of said banking institutions.
The foregoing was put to a vote which resulted as follows:
JOSEPH RUGGIERO, Supervisor Voting Ayp
ROBERT L. VALDATI, Councilman Voting Aye
VINCENT F. BETTINA, Councilman Voting Aye
JOSEPH P. PAOLONI, Councilman Voting A
CHRISTOPHER J. COLSEY, Councilman Voting Aye
Dated: Wappingers Falls, New York
January 2, 2003
The Resolution is hereby duly declared adopted.
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PCSB COMMERCIAL BANK
A S U B S I D I A R Y O F P U T N A M C O U N T Y S A V I N G S B A N K
December 27, 2002
The Honorable Joseph Ruggerio
Supervisor
Town of Wappingers
20 Middlebush Road
PO Box 324
Wappingers Falls, NY 12590
Re: INTRODUCING A NEW COMMERCIAL BANK WITH AN OLD RELIABLE NAME!
Dear Mr. Ruggerio:
We are pleased to inform you that PCSB Commercial Bank, a
wholly owned subsidiary of Putnam County Savings Bank, has
been chartered to accept Municipal Deposits.
PCSB Commercial Bank offers a wide range of municipal
deposit services, including, Certificate of Deposits, Money
Market accounts, checking accounts, interest bearing
checking accounts, etc.
Although recently chartered, PCSB Commercial Bank has
evolved out of the 130 year history of our parent, Putnam
County Savings Bank; A history and tradition of quality
service, community commitment, and continued strength - A
history of assisting municipalities with their financing
needs, both long and short term.
We would request that you consider naming PCSB Commercial
Bank as an official depository for your town's funds.
If we can provide you with any additional information,
please do not hesitate to let us know. Thank you in advance
for your consideration.
Sincerely,
PCSB COMMERCIAL BANK
Daniel S. �yyan
Chairman, President and CEO
2477 ROUTE 6 • P.O. BOX 417 • BREWSTER, NEW YORK 10509-0417 • PHONE (845)279-7101 • FAX (845) 279-9175