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FDIC Federal Register Citations



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FDIC Federal Register Citations

COMMUNITY HOUSING INITIATIVES, INC.

From: Doug LaBounty [mailto:dlchi@longlines.com]
Sent: Wednesday, September 15, 2004 3:58 PM
To: Comments
Subject: RIN 3064-AC50

September 15, 2004

Sent Via E-Mail

Mr. Robert E. Feldman
Executive Secretary
Attn: Comments/Legal ISS
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429-9990

Re: RIN 3064-AC50

Dear Mr. Feldman:

On behalf of Community Housing Initiatives, Inc., I am writing to convey our strong opposition to the proposed rule that would change the Community Reinvestment Act regulations which purports to streamline the Act’s test for banks up to a billion dollars. These rule changes would have a strong negative impact on many rural communities in which banks of this size are located.

We are urging the FDIC not to adopt this rule.

Respectfully,

Doug LaBounty, President
Community Housing Initiatives, Inc.
PO Box 473, Spencer, IA 51301
 

Last Updated 09/27/2004 regs@fdic.gov

Last Updated: August 4, 2024