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



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FDIC Federal Register Citations

From: Paul Filson [mailto:pf.ctseiu@snet.net]
Sent: Monday, October 18, 2004 12:27 PM
To: Comments
Subject: 3064-AC50 comments

To whom it may concern,

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. THE CRA has had a positive impact on poor communities and
communities of color especially in urban areas. It is possible that lending patterns
would become more discriminatory if fewer banks were subject to the thorough
review.

Thank you.
Paul Filson -- 119 Kirkwood Rd. West Hartford, CT 06117

 


Last Updated 11/08/2004 regs@fdic.gov

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