FDIC Federal Register Citations

My community based organization's Board of Directors which represents and provides services in a blighted, very low income South Florida community, opposes the FDICs proposal to allow banks with assets greater than $250 million to be examined as small banks under the Community Reinvestment Act. This policy change will reduce lending and investment in our diverse, multi-cultural community, as well as significantly increase the number of unbanked locally and regionally. This proposal rolls back the progress and good works of the past twenty years. --Edward Horton, Executive Director