Pricing Supplement dated: March 30, 1999 Rule 424(b)(3)
(To Prospectus dated January 24, 1997 and File No. 333-17003
Prospectus Supplement dated January 28, 1997)
NATIONAL CONSUMER COOPERATIVE BANK
Medium-Term Notes
Due from 9 Months to 30 Years from Date of Issue
Floating Rate
______________________________________________________________________________
Principal Amount: $12,500,000 Initial Interest Rate: 5.66%
Agent's Discount or
Commission: $25,000 (.20%) Original Issue Date: April 1, 1999
Net Proceeds to Issuer: $12,475,000 Stated Maturity Date: September 29, 2000
______________________________________________________________________________
Calculation Agent: First Chicago
Interest Calculation:
X Regular Floating Rate Note Floating Rate/Fixed Rate Note
Inverse Floating Rate Note (Fixed Rate Commencement Date):
(Fixed Interest Rate): (Fixed Interest Rate):
Interest Rate Basis:
CD Rate Prime Rate Federal Funds Rate
Commercial Paper Rate X LIBOR- 3 month Treasury Rate
Other (see attached) CMT Rate
If LIBOR:
LIBOR Reuters
X LIBOR Telerate
If CMT Rate:
Designated CMT Telerate Page:
Designated CMT Maturity Index:
Index Currency:
Initial Interest Reset Date: June 29, 1999 Spread (+/-): + 66 bps
Interest Reset Dates: 29th of June, Sept,
December, and March Spread Multiplier:
Interest Reset Period: Quarterly Maximum Interest Rate:
Interest Payment Period: Quarterly Minimum Interest Rate:
Interest Payment Dates: 29th of June, Sept,
December, and March
Index Maturity:
Day Count Convention:
X Actual/360 for the period from 4/1/99 to 9/29/00
Actual/Actual for the period from _______ to _______
30/360 for the period from _______ to _______
Redemption:
X The Notes cannot be redeemed prior to the Stated Maturity Date.
The Notes can be redeemed prior to Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage:____%
Annual Redemption Percentage Reduction ____% until Redemption
Percentage is 100% of the Principal Amount.
Repayment:
X The Notes cannot be repaid prior to the Stated Maturity Date.
The Notes can be repaid prior to the Stated Maturity Date at the
option of the holder of the Notes.
Optional Repayment Date(s):
Currency:
Specified Currency: ___________________ (if other than U.S. dollars, see
attached)
Minimum Denominations: ______________ (applicable only if Specified
Currency is other than U.S. dollars)
Original Issue Discount: Yes x No
Total Amount of OID:
Initial Period:
Agent: X Goldman, Sachs & Co.
Morgan Stanley & Co. Incorporated
Other _______________
Agent acting in the capacity as indicated below:
Agent X Principal
If as Principal:
The Notes are being offered at varying prices related to prevailing
market prices at the time of resale.
X The Notes are being offered at a fixed initial public offering price
of 100 % of the Principal Amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of
____% of the Principal Amount.
Other provisions:
Terms are not completed for certain items above because such items are not
applicable.
<PAGE>
Pricing Supplement dated: March 30, 1999 Rule 424(b)(3)
(To Prospectus dated January 24, 1997 and File No. 333-17003
Prospectus Supplement dated January 28, 1997)
NATIONAL CONSUMER COOPERATIVE BANK
Medium-Term Notes
Due from 9 Months to 30 Years from Date of Issue
Floating Rate
______________________________________________________________________________
Principal Amount: $10,000,000 Initial Interest Rate: 5.75%
Agent's Discount or
Commission: $25,000 (.25%) Original Issue Date: April 1, 1999
Net Proceeds to Issuer: $9,975,000 Stated Maturity Date: April 2, 2001
______________________________________________________________________________
Calculation Agent: First Chicago
Interest Calculation:
X Regular Floating Rate Note Floating Rate/Fixed Rate Note
Inverse Floating Rate Note (Fixed Rate Commencement Date):
(Fixed Interest Rate): (Fixed Interest Rate):
Interest Rate Basis:
CD Rate Prime Rate Federal Funds Rate
Commercial Paper Rate X LIBOR- 3 month Treasury Rate
Other (see attached) CMT Rate
If LIBOR:
LIBOR Reuters
X LIBOR Telerate
If CMT Rate:
Designated CMT Telerate Page:
Designated CMT Maturity Index:
Index Currency:
Initial Interest Reset Date: July 2, 1999 Spread (+/-): + 75 bps
Interest Reset Dates: 2nd of Jan, Apr, Jul,
and Oct Spread Multiplier:
Interest Reset Period: Quarterly Maximum Interest Rate:
Interest Payment Period: Quarterly Minimum Interest Rate:
Interest Payment Dates: 2nd of Jan, Apr,
Jul, and Oct
Index Maturity:
Day Count Convention:
X Actual/360 for the period from 4/01/99 to 4/02/01
Actual/Actual for the period from _______ to _______
30/360 for the period from _______ to _______
Redemption:
X The Notes cannot be redeemed prior to the Stated Maturity Date.
The Notes can be redeemed prior to Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage:____%
Annual Redemption Percentage Reduction ____% until Redemption
Percentage is 100% of the Principal Amount.
Repayment:
X The Notes cannot be repaid prior to the Stated Maturity Date.
The Notes can be repaid prior to the Stated Maturity Date at the
option of the holder of the Notes.
Optional Repayment Date(s):
Currency:
Specified Currency: ___________________ (if other than U.S. dollars, see
attached)
Minimum Denominations: ______________ (applicable only if Specified
Currency is other than U.S. dollars)
Original Issue Discount: Yes X No
Total Amount of OID:
Initial Period:
Agent: X Goldman, Sachs & Co.
Morgan Stanley & Co. Incorporated
Other _______________
Agent acting in the capacity as indicated below:
Agent X Principal
If as Principal:
The Notes are being offered at varying prices related to prevailing
market prices at the time of resale.
X The Notes are being offered at a fixed initial public offering price
of 100 % of the Principal Amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of
____% of the Principal Amount.
Other provisions:
Terms are not completed for certain items above because such items are not
applicable.
<PAGE>
Pricing Supplement dated: March 30, 1999 Rule 424(b)(3)
(To Prospectus dated January 24, 1997 and File No. 333-17003
Prospectus Supplement dated January 28, 1997)
NATIONAL CONSUMER COOPERATIVE BANK
Medium-Term Notes
Due from 9 Months to 30 Years from Date of Issue
Floating Rate
______________________________________________________________________________
Principal Amount: $22,500,000 Initial Interest Rate: 5.75%
Agent's Discount or
Commission: $56,250 (.25%) Original Issue Date: April 1, 1999
Net Proceeds to Issuer: $22,443,750 Stated Maturity Date: April 2, 2001
______________________________________________________________________________
Calculation Agent: First Chicago
Interest Calculation:
X Regular Floating Rate Note Floating Rate/Fixed Rate Note
Inverse Floating Rate Note (Fixed Rate Commencement Date):
(Fixed Interest Rate): (Fixed Interest Rate):
Interest Rate Basis:
CD Rate Prime Rate Federal Funds Rate
Commercial Paper Rate X LIBOR- 3 month Treasury Rate
Other (see attached) CMT Rate
If LIBOR:
LIBOR Reuters
X LIBOR Telerate
If CMT Rate:
Designated CMT Telerate Page:
Designated CMT Maturity Index:
Index Currency:
Initial Interest Reset Date: July 2, 1999 Spread (+/-): + 75 bps
Interest Reset Dates: 2nd of Jan, Apr,
Jul, and Oct Spread Multiplier:
Interest Reset Period: Quarterly Maximum Interest Rate:
Interest Payment Period: Quarterly Minimum Interest Rate:
Interest Payment Dates: 2nd of Jan, Apr,
Jul, and Oct
Index Maturity:
Day Count Convention:
X Actual/360 for the period from 4/01/99 to 4/02/01
Actual/Actual for the period from _______ to _______
30/360 for the period from _______ to _______
Redemption:
X The Notes cannot be redeemed prior to the Stated Maturity Date.
The Notes can be redeemed prior to Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage:____%
Annual Redemption Percentage Reduction ____% until Redemption
Percentage is 100% of the Principal Amount.
Repayment:
X The Notes cannot be repaid prior to the Stated Maturity Date.
The Notes can be repaid prior to the Stated Maturity Date at the
option of the holder of the Notes.
Optional Repayment Date(s):
Currency:
Specified Currency: ___________________ (if other than U.S. dollars, see
attached)
Minimum Denominations: ______________ (applicable only if Specified
Currency is other than U.S. dollars)
Original Issue Discount: Yes X No
Total Amount of OID:
Initial Period:
Agent: Goldman, Sachs & Co.
X Morgan Stanley & Co. Incorporated
Other _______________
Agent acting in the capacity as indicated below:
Agent X Principal
If as Principal:
The Notes are being offered at varying prices related to prevailing
market prices at the time of resale.
X The Notes are being offered at a fixed initial public offering price
of 100 % of the Principal Amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of
____% of the Principal Amount.
Other provisions:
Terms are not completed for certain items above because such items are not
applicable.<PAGE>
