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Essex Savings Bank
As Compliance Officer for a financial institution that is approaching $250,000,000 in asset size, I fully support the change to 18 months for those institutions with CAMEL ratings of 1 or 2. It is clear that for institutions with these strong ratings, appropriate due diligence is being conducted on an on-going basis thus warranting an expanded cycle between examinations.
Lynn K. Giroux
|Last Updated 04/10/2007||Regs@fdic.gov|