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FDIC Federal Register Citations

From: Greg Sandlund [mailto:gjsandlund@yahoo.com]
Sent: Monday, October 18, 2004 11:32 PM
To: Comments
Subject: RIN 3064-AC50

Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ISS
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429-9990
Re: RIN 3064-AC50

Gentlemen:
Please do not increase the definition of a small bank from $250 million to $1 billion. Making this change will exempt more than 90 percent of the rural banks you regulate from the three-part exam. Also, do not provide CRA credit for activities which do not benefit low and moderate income people and places. It is hard enough to develop rural communities. These changes would be a blow, reducing rural lending, investments and services.

Respectfully,

Gregory John Sandlund
Sacramento, CA

 


 


Last Updated 11/10/2004 regs@fdic.gov

Last Updated: August 4, 2024