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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations


From: pvonc@olypen.com [mailto:pvonc@olypen.com]
Sent: Monday, September 20, 2004 11:18 PM
To: Comments
Subject: CRA

Dear Chairperson and Commission Members

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.

The CRA has been extremely beneficial to low-income communities. The U.S. has a very poor record of helping to maintain and improve low-income communities. The CRA has assisted in changing this trend. Banks have an obligation to serve populations that provide them with their savings; this includes low-income communities.

I urge you to be responsible and deny the FDIC proposal to weaken the CRA.

Thank you very much.

Sincerely

Peter von Christierson
1229 – 29th St.
Port Townsend, WA 98368

 

Last Updated 10/04/2004 regs@fdic.gov

Last Updated: August 4, 2024