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FDIC Federal Register Citations



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FDIC Federal Register Citations

EASTWOOD BANK

From: Thomas Aleshire [mailto:Thomas.Aleshire@eastwoodbank.com]
Sent: Thursday, April 01, 2004 4:50 PM
To: Comments
Subject: Proposed Changes to CRA Thresholds

This email is official notification that Eastwood Bank, a state bank chartered in Kasson, MN, is in full support of changing the CRA reporting thresholds for the large bank CRA test to $500 million from $250 million.

Eastwood Bank is a small community bank located in the southeast Minnesota town of Rochester, MN and surrounding communities with total assets approximating $240 million. We are not a regional, national, or multinational large bank, and we don't think we should be regulated like one. We believe the small bank CRA standards are still adequate for a bank our size, and up-to $500 million in assets.

Thank you for reading this comment.

C. Thomas Aleshire, CPA
Chief Operating Officer
Eastwood Bank
Kasson, MN
 
Last Updated 04/06/2004 regs@fdic.gov

Last Updated: August 4, 2024