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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations

From: Buyobe Hammond, Shada R [mailto:Shada.Buyobe-Hammond@ci.minneapolis.mn.us]
Sent: Monday, September 20, 2004 9:00 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
Importance: High

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. Further, this would disenfranchise low-income people to become homeowners in the very communities they live in. To purposely enact any law that would limit the ability of low-income people to more forward economically is will serious undermine the spirit of the Community Reinvestment Act.

Shada Buyobe-Hammond
Minneapolis, MN

 

Last Updated 10/04/2004 regs@fdic.gov

Last Updated: August 4, 2024