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FDIC Federal Register Citations



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FDIC Federal Register Citations


Shorebank Enterprise Pacific

From: John Berdes [mailto:jberdes@sbpac.com]
Sent: Friday, September 17, 2004 1:53 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

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 CRA has been a substantial motivation for investing in low income communities for decades. This proposed change will especially impact the growing number of poor rural communities in America.

John Berdes, President
Shorebank Enterprise Pacific
Post Office Box 826
Ilwaco, WA 98624

 

 

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

Last Updated: August 4, 2024