Stern International Bank LLC is a state-bank organized as an International Financial Entity in Puerto Rico. It provides correspondent banking, trade finance and commercial and individual banking services. Stern maintains an online master account with the New York Federal Reserve – the first, and to date, only bank approved for an account under the FRBNY revised Account and Financial Services Handbook. FRBNY provides Stern with financial services including the Federal Reserve Banks’ Check Services, the FedACH®️ Services, the Fedwire®️ Funds Service and the Fedwire®️ Securities Service. The Bank is supervised by the Puerto Rico Office of the Commissioner of Financial Institutions (“OCIF”), as guided by the Financial Institution Examination Council, a formal interagency body empowered to prescribe uniform principles for the examination of financial institutions supervised by U.S. Federal regulators, including the Board of Governors of the Federal Reserve and the Office of the Comptroller of the Currency. Stern’s U.S. Federal Reserve ABA Routing Number is 021508086. The Bank is an active member of the Puerto Rico International Banks Association.