Federal Deposit
Insurance Corporation

Citizens Bank

From: Tammy Poole
Sent: Monday, August 21, 2006 9:24 AM
To: Comments

Subject: Identity Theft Red Flags and Address Discrepancies Under FACTA - 12 CFR Parts 334 and 364

To Whom It May Concern:

This proposed regulation is only a duplication and further tightening of the USA Patriot Act Section 326 (CIP policy) and will make it increasingly more difficult to open new accounts; not to mention that it will be one more policy that has to be written, managed, implemented and monitored. We are already overburdened financially and resource wise when it comes to verifying identity and following up on mis-matched information. At some point the regulatory burden placed on financial institutions, which in effect make us the identity police, must end so that we are able to effectively and efficiently provide financial services with reasonable effort on our part and reasonable convenience for our customers. The fact remains that it is the law enforcement community that should be charged with this responsibility – not a financial institution.

Tammy Poole
Sr. Vice President
Citizens Bank
P.O. Box 2156
Batesville, AR