From: CJ Livingston [mailto:clivingston@fulcrum.net]
Sent: Tuesday, September 07, 2004 7:32 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
2 points:
* Inflation since 1995 has not been 100%, so it makes no sense to change
the definition of a 'small bank' by adding 100% from the 1995
definition. If inflation numbers are to be trusted as real, they should
be used.
* The requirement for mixed geographic loan approvals should remain. All
banks, not just the biggest, should have a requirement to make loans in
their geographic area, to all classes of applicants. If the banks do not
wish to participate in their community, they should not benefit from the
government supports, like the FDIC.
cj livingston
Ph: 206-336-5631
E-mail: clivingston@fulcrum.net