POWER OF ATTORNEY

                 Know all men by these presents:

                 That I Marilyn McQuiade                       ,

of c/o Vermont National Bank, P.O. Box 804,Brattleboro, VT 05302,
a member of the Board of Directors of THE NATIONAL CONSUMER
COOPERATIVE BANK, do hereby make, constitute and appoint as my true
lawful attorney in fact Richard L. Reed or Louise M. Grant for me
and in my name, place and stead to sign any and all of the
following and amendments thereto executed on behalf of THE NATIONAL
CONSUMER COOPERATIVE BANK and filed with the Securities and
Exchange Commission, as follows:

Annual Reports on Form 10-k for the NATIONAL CONSUMER
COOPERATIVE BANK.


     IN WITNESS WHEREOF, I have hereunto set my hand this      
day of                       ,                 .



                         
Signature


State of                         )
                                   )         SS:  
County of                        )

     On this           day of                  ,         , before
me personally appeared the above, to me known and known to me to
be the person mentioned and described in and who executed the
foregoing instrument and he duly acknowledged to me that he
executed the same.



                                
Notary Public


My Commission expires: