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Federal Deposit
Insurance Corporation

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



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FDIC Federal Register Citations

Mid City Redevelopment Alliance

From: Sanders, Samuel [mailto:Samuel.Sanders@brgeneral.org]
Sent: Monday, October 18, 2004 10:49 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I do not support 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. These communities need the support of local financial institutions and this CRA requirement ensures they get this support.

Samuel Sanders
Manager, Home Ownership Center
Mid City Redevelopment Alliance
419 N. 19th Street
Baton Rouge, LA

 


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

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