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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations


From: Eugene [mailto:ejpatron@earthlink.net]
Sent: Saturday, September 18, 2004 3:50 PM
To: Comments
Subject: SPAM::Community Reinvestment -- RIN 3064-AC50

To Whom it May Concern:


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.

This will leave some states with no banks subject to a full CRA exam,
causing great harm to low- and moderate-income communities.

We need to strengthen CRA guidelines and enforcements, not reduce the
number of financial institutions which participate.

Yours,

Eugene J. Patron
Brooklyn, NY


 

Last Updated 09/28/2004 regs@fdic.gov

Last Updated: August 4, 2024