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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations


HABITAT FOR HUMANITY INTERNATIONAL

September 3, 2004

Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal LSS
FDIC
550 17th Street NW
Washington, DC 20429-9990

RE: RIN 3064-AC50

Dear Mr. Feldman,

As a former bank association executive for 24 years I have seen the Community Reinvestment severely decline in importance for the last several years. I have seen banks disenfranchise the poor by raising fees and cutting services that low-income people use. For instance one Florida bank I know raised its money order fee from 60 cents to 5 dollars. When I asked why they said to clear up their lobby. In other words they didn't want working or poor people in their nice lobby.

I strongly oppose the proposed rule changes to the CRA regulations. Those changes will have a negative impact on rural America and lead to the ever increasing gap between rich in poor.

Sincerely

Glen Barton
Affiliate Support Manager

 

Last Updated 09/13/2004 regs@fdic.gov

Last Updated: August 4, 2024