FDIC Federal Register Citations

From: Jeb Clarkson [mailto:JebC@pioneerbankandtrust.com]
Sent: Thursday, September 02, 2004 4:59 PM
To: Comments
Subject: "small bank" definition

Dear FDIC:

I heartily applaud the efforts to get the small bank definition for CRA purposes raised from $250,000,000 to $1,000,000,000. With the definition of “community bank” being one with assets of under $1,000,000,000 – it only stands to reason that this limit should also apply for CRA purposes. In my opinion, the overwhelming majority of banks in this size group will continue to keep the needs of the communities they serve at the forefront of everything they do.

In the interest of the communities we serve and so as not to suffer from a competitive disadvantage, I would encourage your serious consideration with regard to raising this limit.

Thank you.

Yours truly,

Jeb H Clarkson, CTFA
Sr. VP/Sr. TO
Pioneer Bank & Trust
P.O. Box 729
Belle Fourche, SD 57717