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



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FDIC Federal Register Citations

From: bob green [mailto:bgreen@igc.org]
Sent: Friday, October 15, 2004 9:48 AM
To: Comments
Subject: Fw: Community Reinvestment -- RIN 3064-AC50

p.s. my organizational affiliation is with credit where is due inc. - an economic development community group

----- Original Message -----
From: bob green
To: comments@fdic.gov
Sent: Friday, October 15, 2004 9:46 AM
Subject: Community Reinvestment -- RIN 3064-AC50

I 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 reduce lending, investments and services in low-income communities

Our community has seen first hand the results of bank investment which would not have happened without CRA, and this includes activities by banks who would be exempt under the new rules.



Last Updated 11/05/2004 regs@fdic.gov

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