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FDIC Federal Register Citations
Cameron
State Bank
October
18, 2004
Mr. Robert E. Feldman, Executive Secretary
Attn: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17th Street, N.W.
Washington, DC 20429
Re: Proposed Amendments to CRA
RIN number 3064-AC50
Dear Mr. Feldman:
Thank you for extending the comment period on the proposed amendments
concerning the Community Reinvestment Act. One of the proposed amendments
would define a small institution as an institution with total assets
of up to $1 billion.
I am a Branch Manager for Cameron State Bank, which is presently under
the category of a large bank in regards to CRA. Although most of the
loans made by Cameron State Bank are within our assessment areas, we
are still required to collect CRA data and report CRA issues.
The 2nd issue is in reference to the CRA examination process. We are
at a disadvantage regarding the investment test because we compete with
billion dollar regional and national banks for suitable investments in
our market.
Cameron State Bank is in favor of the proposed amendment to change the
definition of a small institution to mean an institution with total assets
of up to $1 billion.
Thank you for your consideration in this matter.
Sincerely,
Cassie Murillo
Branch Manager
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