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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations

El Centro

From: Melinda Lewis
Sent: Friday, September 17, 2004 11:02 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

As a representative of a community development corporation that works closely with many financial institutions to provide economic opportunities to low-income residents and to support economic development in our most blighted communities, 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 and would seriously hinder our ability to continue our successful track record of revitalization. Economic disparities continue to plague our nation, and the CRA has been an important tool in attempting to address them. It continues to be needed in our communities.

Melinda K. Lewis, LMSW
Director of Policy Advocacy and Research
El Centro, Inc.
650 Minnesota Avenue
Kansas City, KS

 

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

Last Updated: August 4, 2024