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FDIC Federal Register Citations
Fentura Financial
From: Dee Bedell 
Sent: Monday, May 14, 2007 1:07 PM
To: Comments
Subject: Model Privacy Form - RIN 3064-AD16

Thank you for the opportunity to comment on the Interagency Proposal for
Model Privacy Form Under the Gramm-Leach-Bliley Act. This Interagency
Proposal is directed by Section 728 of the Regulatory Relief Act.

I question the need to update the notice.  From my observation, most
customers are bombarded with privacy notices from many sources and now
pay little attention to any of them, including mine.

I find the form cumbersome for delivery purposes, with expected font
size and character changes throughout the document.  This is a system
nightmare.  The form should be designed to fit on the front and back of
one page, rather than using multiple pages, and provide space for a
financial institution's logo. Multiple pages become costly to small
institutions like mine.

The requirement to provide annual notice should be eliminated, and
perhaps replaced with the requirement for an initial notice at account
opening, then again only if an institution changes its policy, and upon
request by a consumer. For small institutions like mine, this annual
mailing is both costly and time-consuming. This is the only notice
requiring annual delivery to customers and is a prime candidate for
regulatory relief.

Again, thank you for giving me the opportunity to comment on the

Dee Bedell, AVP
Corporate Compliance Officer
Fentura Financial, Inc
serving The State Bank
Davison State Bank and
West MI Community Bank



Last Updated 05/14/2007

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