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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations

From: TGerth1@aol.com [mailto:TGerth1@aol.com]
Sent: Saturday, September 18, 2004 2:39 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

It is inappropriate to recommend such a significant increase (from $250 million to $1 billion)in the definition of a small bank. A more modest increase such as to $500 million would better serve the public. In addition, the current level of scrutiny the banks receive in regards to their community investment continues to be appropriate. The proposed changes do not appear to be supported by evidence of a need to reduce the "burden" on banks. These proposed changes do appear to reduce beneficial banking practices for moderate- to low-income communities.

Terri Browning
5527 Paintcreek-4 Mile Rd
Camden, OH

 

Last Updated 09/28/2004 regs@fdic.gov

Last Updated: August 4, 2024