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FDIC Federal Register Citations

First BankAmericano

From: Carole Marshall [mailto:cmarshall@firstbankamericano.com]
Sent: Wednesday, May 02, 2007 1:41 PM
To: WebMaster
Subject: Regulation P - Proposed Model Privacy Notice

In regard to requirement of two or more separate one-sided pieces of paper, this requirement would be a burdensome and costly ruling for small community banks, such as First BankAmericano. In addition to printing our disclosure in English it is necessary for FBA to have Spanish notices available for the limited English speaking customer.

Therefore, in view of the unreasonable increased expenses connected with this proposal, we urge you to reconsider this section of the proposal. In addition to sending out the annual disclosure, most banks have this disclosure on their website.

Thanks
Carole Marshall
VP/Compliance Officer
908-355-2265
fax: 908-355-0911
cell: 908-217-1045

 


Last Updated 05/03/2007 Regs@fdic.gov

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