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Each depositor insured to at least $250,000 per insured bank



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FDIC Federal Register Citations


From: Nancy Conover [mailto:NConover@mercyhousing.org]
Sent: Thursday, September 16, 2004 5:50 PM
To: Comments
Subject:

I STRONGLY oppose the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. This policy would seriously threaten the reduction of lending, investments and services in low-income communities. Please keep the CRA regulations as they stand, and require that banks with assets above $250 million follow the CRA.

Nancy Conover
Commercial Developer
Mercy Housing CA
415-355-7121

 

Last Updated 09/22/2004 regs@fdic.gov

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