[Congressional Record Volume 141, Number 100 (Monday, June 19, 1995)]
[Extensions of Remarks]
[Pages E1287-E1288]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                        IN MEMORY OF JACK FARBER

                                 ______


                         HON. GARY L. ACKERMAN

                              of new york

                    in the house of representatives

                          Monday, June 19, 1995
  Mr. ACKERMAN. Mr. Speaker, I rise today to join with my constituents 
in the Fifth Congressional District and the residents of the Flushing, 
Queens, community in mourning the loss of one of New York's most 
distinguished citizens, Jack Farber.
  A graduate of Lafayette College and Brooklyn Law School, Mr. Farber 
established a reputation as a builder and developer of real estate on 
Long Island. Yet it was as chairman of the National Bank of New York 
City that he made his greatest contribution and is best remembered.
  In 1963, Jack Farber founded the Flushing National Bank, later 
renamed the National Bank of New York City, and turned it into a 
neighborhood institution. From its outset, the bank, under Jack's 
astute leadership, assumed a unique role of exceptional service to the 
community. It was the first commercial bank to have its main branch and 
headquarters in the Flushing area. It also become known as a pioneer in 
banking operations by being the first bank in New York City to be open 
for business on Saturdays, as a convenience to its depositors. In 
addition, it was the first bank in New York State to pay interest on 
Christmas and Chanukah savings accounts.
  As the Flushing community grew, so did Jack Farber's bank. In fact, 
Jack looked upon the bank as one of his greatest achievements, but, 
even more, he viewed the bank as part of the community. In doing so, he 
accepted the responsibility of supporting the community. He [[Page E 
1288]] was an active benefactor of the Anti-Defamation League, the 
United Jewish Appeal, Lafayette College, and a multitude of other 
charitable organizations that fulfilled Jack's mission to promote civil 
and human rights, expand health care, and to improve humanity.
  It is to the great benefit of the Flushing neighborhood that citizens 
such as Jack Farber have so willingly shared their skill, compassion, 
and goodwill in giving of themselves to enhance our neighborhoods.
  Mr. Speaker, I call on all of my colleagues in the House of 
Representatives to join me now in extending our condolences to the 
Farber family, and in paying tribute to the late Jack Farber, a 
skillful businessman and a warm and generous humanitarian.


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