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FDIC Federal Register Citations



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FDIC Federal Register Citations

Southeastern New England Shipbuilding Corporation

From: Laurence P. Gebhardt [mailto:lpgebhardt@cableone.net]
Sent: Thursday, September 16, 2004 10:12 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

Dear Sirs,

I live in eastern Idaho. We have many low-income communities where incomes are less than 3/4 national average. We need all the help we can get in this era of Bush tax cuts for the rich and resultant underfunding of community programs for housing and other social needs. CRA investment is important and very valuable.

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.

Sincerely,

Laurence P. Gebhardt, Ph.D., Captain US Navy (Retired)
Vice President, Human & Organization Development
Southeastern New England Shipbuilding Corporation (SENESCO MARINE)

 

Last Updated 09/17/2004 regs@fdic.gov

Last Updated: August 4, 2024