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Dear Mr. Feldman,
The FDICís proposed rule on increasing insurance assessments for banks utilizing FHLB advances in excess of 15% of domestic deposits would be detrimental to small, community banks that rely on advances for liability side liquidity. This is not the time to further increase assessments in light of expected increases related to the TLGP.
Thank you for your consideration.
Michael L. Audette
|Last Updated 11/04/2008||Regs@fdic.gov|