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



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FDIC Federal Register Citations


 

From: EPTRAVBUFF@aol.com [mailto:EPTRAVBUFF@aol.com]
Sent: Thursday, September 16, 2004 3:41 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I oppose the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. This policy would reduce lending, investments and services in low-income communities.

I am a small business firm that will rely on small banks to invest into an SBIC as part of the investment strategy to invest in the inner-city, underserved, and rural areas.

Please preserve CRA so that these banks can continue to be subject to the investment test as part of the provision to operate.

Thanks,

C. Earl Peek
Atlanta, Georgia

Last Updated 09/25/2004 regs@fdic.gov

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