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FD-302 (REV, 11-27-70) @ ‘ @) b7c : experience with the Lat FEDERAL BUREAU OF INVESTIGATION 10/19/76 Date of transcription. Hudson Valley National Bank, Grassy Sprain Road, Yonkers, New York, voluntarily appeared at the New Rochelle Office of the FBI. pd stated that he has had several years of and iS acquainted with the procedures in banks related to the procurement and. the handling of loans. ; advised that he has very little to do with the loan to CHARLES G. REBOZZO, but that he had learned about it generally towards the end of the period that the loan was due, inasmuch as he had been requested by Mr. WALTER HIGGINS, President of the bank at that time, to arrange for the payment of the loan on the due date which was believed to be .some time in the latter part of November or the early part of December, 1973. RED 22.0 that he believed that at the time that this loan was made in the latter part of November, 1972, for a period of one year, that the actual limit of any individual loan was between $225,000 to $250,000, based upon the capitali- zation of the bank at that particular time. He stated that it might have been less, but he did not know the exact figure appearing. advised that he knew that Mr. REBOZZO was very close to and it was his recollection at the time of the interview that or the Precision Inlerviewed on pre. by This document! contains neither recommendations nor conclusions of the FB i! and Valve Corporation had loans amounting to approximately $150,000. He advised that it was his recollection that the interest payments on the loans to REBOZZO were delinquent and that there should have been a list showing that this loan had been delinquent in the interest payment. He stated that he recalled that in his discussions with the -President of the bank, Hr. WALTER J. HIGGINS, that he had been requested to send out due notices on the two loans of $200,000 and $25,000 each and that NR 29-13951 10/7/76 New Rochelle, New, York NR 179-469 File # S 10/13/76 aA = Dole dictated It is the property of the FBI ond is loaned te your agency: its conlents ore not to be distvibuled oulsde your agency 13