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FDIC Federal Register Citations


From: Christine Shade
Sent: Tuesday, September 07, 2004 12:28 PM
To: Comments
Subject: SPAM::Community Reinvestment -- RIN 3064-AC50
Importance: High

If this administration truly believes in "ownership" for all
Americans, it should NOT weaken the Community Reinvestment Act. Banks
with less than $1 billion in assets should not be relieved of the
responsibility of to provide investments and services in low-income
areas. Doing so will limit access for many, many families in
Washington, D.C., Hawaii, Idaho and Wyoming, where there are no
institutions with more than $1 billion in assets. About a dozen other
states have four or fewer such institutions. This will limit services
and investments that benefit low- and moderate-income households and
neighborhoods.


Last Updated 09/08/2004 regs@fdic.gov

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