FDIC Federal Register Citations

From: Janet Byrd [mailto:janet_byrd@teleport.com]
Sent: Monday, September 20, 2004 5:21 PM
To: Comments
Subject: proposed CRA revisions -- A BAD IDEA!!

I would like to register my concern about the proposed changes to the CRA regulations. Here in Oregon, the change would leave just four banks subject to the three-part CRA requirements through the FDIC, and only three or four more subject to these provisions through other regulators.

The intensely rural nature of our state and population demands the commitment and presence of small banks, and banks need to be held accountable to their policy holders for their investment patterns and priorities. The CRA has been a tool for community accountability and has served us well -- please do not remove this tool from our state toolbox.

In urban areas of Portland, Eugene, and Salem, our banks need to active, committed, and accountable partners as well. The CRA provisions help keep money available in all neighborhoods.

I urge the FDIC to withdraw its proposed rule. I oppose any increase in the threshold requirements for small banks.

Thank you -- Janet Byrd

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Janet Byrd
2844 NE 22nd Ave
Portland, OR