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Each depositor insured to at least $250,000 per insured bank



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FDIC Federal Register Citations

LOWER COLUMBIA COMMUNITY ACTION COUNCIL


From: Marie Robbins [mailto:marier@lccac.org]
Sent: Tuesday, September 07, 2004 6:51 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

As a provider of affordable housing to low-income families, we are opposed to any increase to the threshold of what is to be considered a "small bank". The proposed FDIC rule to raise the small bank threshold from $250 milion to $1 billion will exempt our small bank lenders from the effective and productive requirements currently in place. We ask that you please withdraw your proposed rule.

Phillip B. Michel
Program Manager Self-Help Housing
Lower Columbia Community Action Council

 

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

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