FIRST STATE BANK AND TRUST COMPANY, INC.
From: Rhonda Graham [mailto:rgraham@firststatebancorp.com]
Sent: Tuesday, September 14, 2004 4:06 PM
To: Comments
Subject: RINnumber3064-ac50
From: Rhonda Graham
Sent: Sept. 14, 2004
To: Comments
Subject: RIN number 3064-AC50
To Whom it May Concern,
Please accept this correspondence as First State Bank and Trust
Company, Inc.’s support for the proposed revisions to 12 CFR 345. The
proposed revisions would raise the asset size threshold to $1 billion
regardless of the size of the holding company, add a community
development activity criterion to the evaluation process, and would
allow for additional credit due to activities in rural areas.
First State Bank and Trust Company, Inc. is located in a rural area,
and we have always prided ourselves on the involvement that we have in
our local community. The community development activity criterion would
more accurately represent our involvement in the community.
Please accept this correspondence as our support to the current FDIC
proposal.
Sincerely,
Rhonda Graham
Assistant Cashier
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