FEDERAL RESERVE BANK of NEW YORK

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- At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
  
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- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
  The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
  
  The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
  
  The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
Community Development
& Education

TUESDAY JANUARY 18, 2000

NEW YORK--The Federal Reserve Bank of New York Tuesday approved the notice by The Toronto-Dominion Bank, Toronto, Canada, to indirectly acquire all of the shares of CTUSA, F.S.B., Naples, FL, a federally-chartered savings bank.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.

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