FDIC Federal Register Citations

Fentura Financial

From: Dee Bedell

Sent: Monday, May 14, 2007 1:07 PM

To: Comments

Subject: Model Privacy Form - RIN 3064-AD16

Thank you for the opportunity to comment on the Interagency Proposal for

Model Privacy Form Under the Gramm-Leach-Bliley Act. This Interagency

Proposal is directed by Section 728 of the Regulatory Relief Act.

I question the need to update the notice. From my observation, most

customers are bombarded with privacy notices from many sources and now

pay little attention to any of them, including mine.

I find the form cumbersome for delivery purposes, with expected font

size and character changes throughout the document. This is a system

nightmare. The form should be designed to fit on the front and back of

one page, rather than using multiple pages, and provide space for a

financial institution's logo. Multiple pages become costly to small

institutions like mine.

The requirement to provide annual notice should be eliminated, and

perhaps replaced with the requirement for an initial notice at account

opening, then again only if an institution changes its policy, and upon

request by a consumer. For small institutions like mine, this annual

mailing is both costly and time-consuming. This is the only notice

requiring annual delivery to customers and is a prime candidate for

regulatory relief.

Again, thank you for giving me the opportunity to comment on the

proposal.

Sincerely,

Dee Bedell, AVP

Corporate Compliance Officer

Fentura Financial, Inc

serving The State Bank

Davison State Bank and

West MI Community Bank