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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations


From: Innocent.Ake@Advest.com [mailto:Innocent.Ake@Advest.com]
Sent: Tuesday, October 05, 2004 7:30 AM
To: Comments
Subject: RIN 3064-AC50

Gentlemen:

Please do not increase the definition of a small bank from $250 million to
$1 billion. Making this change will exempt more than 90 percent of the
rural banks you regulate from the three-part exam. Also, do not provide CRA
credit for activities which do not benefit low and moderate income people
and places. It is hard enough to develop rural communities. These changes
would be a blow, reducing rural lending, investments and services.

Respectfully,
Innocent Ake
1740 Broadway, 19th floor
New York, NY 10019

 

Last Updated 10/08/2004 regs@fdic.gov

Last Updated: August 4, 2024