A Revealing Look at the FBI Spy Operation

On 5/20/70, Mr. DANTEL McGRONIGLE, Cashier, Southeast National Bank (formerly Delaware County National Bank), 4th and Market Streets, Chester, Pa., advised that as of 1/1/70 the Delaware County National Bank merged with several Chester County banks to form the Southeast National Bank.

Subsequent to this merger, this bank instituted a new computer system for checking accounts. Under this system all checks drawn on active checking accounts are recorded on microfilm and available for review at the Computer Center of this bank at 24th and Edgmont Avenue, Chester, Pa.

Mr. Mc GRONIGLE stated there is a current, regular checking account at that bank in the name National Black Economic Development Conference, Pennsylvania Office, 217 Concord Avenue, Chester, Pa. There are two persons authorized to sign checks on this account and they are-. As of 5/20/70, the balance in this account was $44.32.

On 5/20/70. Mr. ALLAN FERGUSON, Executive Officer, Computer Center, Southeast National Bank, 24th and Edgmont Avenue, Chester, made available for review copies of the statement for checking account #550-723-1, which is in the name-.

These statements dated 3/16, 4/15, and 5/15/70 reflect activity on this account during the 30-day period prior to the date of this statement. A review of the statements reveals the balance in this account has ranged from a high of $1,948.56 on 4/9/70 to a low of $38.19 on 5/14/70.

Mr. FERGUSON stated it is not possible under their computer system to identify the nature and source of deposits and credits to this account. He would, however, make available for review the microfilms containing checks drawn on this account during the periods covered by the above statements.

A review of these checks reflects almost all are signed by-and made payable to cash. All of these checks have a space on the face of the check after the word "for" in which is written the purpose of the check. On the vast majority of these checks the notation in this space contains such language as "operating expenses," "clothing allowance," "maintenance expenses."

An average of 15 to 20 checks were drawn on this account for each of the three months reviewed. Among these checks the following are noted:

Check dated 3/8/70 in the amount of $300, payable to-for hospitalization of-.

Check dated 1/5/70 in the amount of $100, payable to-.

Check dated 3/5/70 in the amount of $100, payable to-for grant to-.

Check dated 5/8/70 in the amount of $144.95, payable to Bell Telephone Company for phone #s-.

Check dated 5/13/70 in the amount of $50.00 made payable to-for emergency grant.

Check dated 5/14/70 in the amount of $1,000 made payable to cash for clothing allowance.

LEADS

PHILADELPHIA:

AT PHILADELPHA, PA.

Will ascertain through Bell Telephone Company identity of subscribers to phone-.

AT CHESTER, PA.

Will continue to monitor bank account of-at Southeast National Bank.