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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations


From: beckleyr@mail.umich.edu
Sent: Friday, September 17, 2004 11:09 AM
To: Comments
Subject: Change in FDIC rules

As an urban planner and educator I have seen how important inner city banks
have been to preventing blight and encouraging community renewal. The
FDIC's proposal to allow banks with assets above $250 million to be
examined as small banks under the Community Reinvestment Act will
discourage banks from making a commitment to inner cities. This policy
would reduce lending, investments and services in low-income communities
and should not be adopted.

Sincerely,

Robert M. Beckley
Professor and Dean Emeritus
Taubman College of Architecture and Urban Planning
University of Michigan
Ann Arbor, MI

 

Last Updated 09/17/2004 regs@fdic.gov

Last Updated: August 4, 2024