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



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FDIC Federal Register Citations


 

From: Frank and Donna Samuelson [mailto:dandfsam@netexpress.net]
Sent: Friday, September 17, 2004 5:34 PM
To: Comments
Subject: RIN 3064-AC50

Do not raise the asset level for banks to comply with the Community Reinvestment Act from $250 million to $1 billion.

In my state of Illinois this would exclude 97% of the banks from meeting their obligation to low and moderate income communities who need it most.

The FDIC should protect the needs of the public and not just the desires of the banks.

Frank Samuelson
920 17th St. #28
Moline, IL 61265

 

Last Updated 10/01/2004 regs@fdic.gov

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