FDIC: FDIC Federal Register Citations

From: Elkins, Rebecca [mailto:rebecca.elkins@mmbank.com]
Sent: Monday, June 13, 2005 9:53 AM
To: Comments
Subject: Interagency Proposal on the Classification of Commercial Credit Exposures

June 13, 2005

Robert E. Feldman, Executive Secretary
Attention Comments, Federal Deposit Insurance Corporation
550 17^th Street, NW
Washington, DC 20429

RE: FDIC-PR-28-2005

I am the Credit Administrator at Commonwealth Community Bank a branch of Miner's & Merchants Bank & Trust Company. We are a community bank with assets of around $390 million. I am in opposition of changing the commercial loan classifications. The Borrower rating and Facility ratings would be more complex and burdensome on smaller institutions. Why should this proposal apply to all banks? Why not propose a threshold for larger banks?

Please take this into consideration before making any changes in the current system.

Thank you.

Sincerely,

Rebecca Shortridge-Elkins
Vice President/Credit Administrator


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	FDIC Federal Register Citations Commonwealth Community Bank From: Elkins, Rebecca [mailto:rebecca.elkins@mmbank.com] Sent: Monday, June 13, 2005 9:53 AM To: Comments Subject: Interagency Proposal on the Classification of Commercial Credit Exposures June 13, 2005 Robert E. Feldman, Executive Secretary Attention Comments, Federal Deposit Insurance Corporation 550 17^th Street, NW Washington, DC 20429 RE: FDIC-PR-28-2005 I am the Credit Administrator at Commonwealth Community Bank a branch of Miner's & Merchants Bank & Trust Company. We are a community bank with assets of around $390 million. I am in opposition of changing the commercial loan classifications. The Borrower rating and Facility ratings would be more complex and burdensome on smaller institutions. Why should this proposal apply to all banks? Why not propose a threshold for larger banks? Please take this into consideration before making any changes in the current system. Thank you. Sincerely, Rebecca Shortridge-Elkins Vice President/Credit Administrator
	Last Updated 06/14/2005	Regs@fdic.gov