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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations



Omni Bank


April 6, 2004

Federal Deposit Insurance Corporation
Attn: Robert E. Feldman, Executive Secretary
Via: comments@fdic.gov

RE: Proposed Amendments to the Community Reinvestment Act Regulations

Dear Secretary Feldman,

Thank you for allowing us to comment on the proposed amendments to the Community Reinvestment Act Regulations. OMNI BANK supports the proposal to redefine small banks under CRA as having assets in excess of $250 million, and further, supports increasing the CRA asset threshold to $1 billion. We also support the proposed changes to consideration of holding company assets as well.

We view this as a positive step toward reducing regulatory burden, while maintaining the integrity of the original purpose of the Community Reinvestment Act. Again, thank you.

Sincerely,

Elizabeth Hodge
Vice-President, Compliance
Omni Bank
Metairie, LA




Last Updated 04/13/2004 regs@fdic.gov

Last Updated: August 4, 2024