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FDIC Federal Register Citations Lawrence Avenue Development Corporation As a board member of a community development corporation in Chicago, 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.
The Community Reinvestment Act has been critical to the revival of the
low and moderate income Albany Park community in Chicago. It is essential
that this proposal be rejected.
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Last Updated 11/01/2004 | regs@fdic.gov |