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



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FDIC Federal Register Citations

LISC Baton Rouge

From: O'neal Furr [mailto:OFurr@liscnet.org]
Sent: Monday, October 18, 2004 10:00 AM
To: Comments
Subject: Comment from Louisiana

Good Morning.

I am the LISC Program Officer in Baton Rouge, Louisiana. This change to the CRA that you are proposing threatens the work we are doing to reduce poverty and increase homeownership down here. I would like to say for the record that 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.

Sincerely,

O'Neal Furr
Program Officer
LISC Baton Rouge


 

 


Last Updated 11/10/2004 regs@fdic.gov

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