Robert E. Feldman
FDIC
550723 NW
Washington, DC 20429
RE: Privacy Disclosures
Dear Robert:
Your agency is requesting written comments on the burdensome privacy
notices that financial institutions are required to keep providing to
customers. You, no doubt, have received many of them. Because of your
position you may read them. But I can assure you, 99% or more of them
are simply add to the overflowing landfills across the country without
being read.
We fully agree with the concept of privacy and follow it carefully,
but the mass mailing of privacy notices is completely without merit. It
simply represents one more in a long list of disclosures we are
required, under penalty of law, to provide.
Sincerely,
David C. Smith
Vice President
Bennington State Bank
2130 South Ohio
Salina, KS 67402
