Nomination of John K. Stewart To Be a Member of the Board of Directors of the National Consumer Cooperative Bank

The President today announced his intention to nominate John K. Stewart to be a member of the Board of Directors of the National Consumer Cooperative Bank for a term of 3 years. This is a new position.

Since 1978 Mr. Stewart has been president of the John Stewart Co. in San Francisco, CA. Prior to this he was vice president operations for Barcelon-Berger Management Corp., 1975-1978. He was with Henkle-Stewart Partnerships, 1975-1981, and was vice president of Community Technology Corp., 1971-1975.

Mr. Stewart graduated from Stanford University (B.A., 1956). He was born June 2, 1934, in San Francisco, CA. He is married, has three children, and resides in San Francisco.