Ryan Beck & Co Inc Watch

from 10-K 1 page June 23, 1995 Mr. Len Stanley Ryan, Beck & Co. 80 Main Street West Orange, Nj 07052 Dear Mr. Stanley: We Are Pleased to Announce That on June 14, 1995, Northwest Savings Bank Purchased Nationar's Portfolio of Employee Stock Ownership Plan (Esop) Loans. All Future Loan Payments Should Be Made Payable to Northwest Savings Bank and Mailed To: Northwest Savings Bank Attention: Kelly Walter P.O. Drawer 128 Warren, Pa 16365 Alternatively, Loan Payments Can Be Wired To: Northwest Savings Bank - Warren Aba #243374218 Attention: Tim Huber or Kelly Walter in the Next Few Weeks, Northwest Will Forward to Your Attention the Quarterly Principal and Interest Billing. in the Meantime, Should You Have Any Questions Regarding the Transfer of Servicing, Please Do Not Hesitate to Contact Me. We Appreciate the Opportunity to Serve You and Will Appreciate Your Cooperation During This Transition. Sincerely, Timothy A. Huber, Vice President