Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429
RE: Bulletin FIL-8-2004
Privacy of Consumer Financial Information
Advanced Notice of Proposed Rulemaking (ANPR) Regarding
Privacy
Gentlemen:
This is with reference to the above bulletin of January 5, 2004. On
behalf of a small country bank, I would like to sincerely request that
you consider simplifying and delete any notices that we can possibly
eliminate under the Graham-Leach-Bliley act.
This has been one of the most disastrous pieces of legislation that
has come down on the banking business, and it has been most expensive to
banks. It does absolutely nothing for the American public.
I sincerely hope we will review this rule with a broad vision for
both banks, and the American people, as the consumer is just as
disgusted as we are in receiving all of these documents.
Yours very truly,
Douglas Ford
Chairman & President
Peoples State Bank
Clyde, TX
