From: Jeb Clarkson [mailto:JebC@pioneerbankandtrust.com]
Sent: Thursday, September 02, 2004 4:59 PM
To: Comments
Subject: "small bank" definition
Dear FDIC:
I heartily applaud the efforts to get the small bank definition for CRA
purposes raised from $250,000,000 to $1,000,000,000. With the definition
of “community bank” being one with assets of under $1,000,000,000 – it
only stands to reason that this limit should also apply for CRA
purposes. In my opinion, the overwhelming majority of banks in this size
group will continue to keep the needs of the communities they serve at
the forefront of everything they do.
In the interest of the communities we serve and so as not to suffer
from a competitive disadvantage, I would encourage your serious
consideration with regard to raising this limit.
Thank you.
Yours truly,
Jeb H Clarkson, CTFA
Sr. VP/Sr. TO
Pioneer Bank & Trust
P.O. Box 729
Belle Fourche, SD 57717
