FDIC Federal Register Citations
From: Thanena Wilson [mailto:tswilson@co.cumberland.nc.us]
Sent: Thursday, October 14, 2004 3:42 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. Low-income families are faced with many challenges and
obstacles, as I see daily in my line of work; and this would certainly
create obstacles that I believe the Community Reinvestment Act was put
into
place to overcome. If people could be trusted to do the right thing it
would be fine, but history has shown us that this is not always the case.
Thanena S. Wilson
Community Development Director
Cumberland County
PO Box 1829
Fayetteville NC
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