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FDIC Federal Register Citations



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FDIC Federal Register Citations

 

 

From: Chris Dazey
Sent: Tuesday, September 07, 2004 1:27 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I am opposed to any effort to weaken the Community Reinvestment Act. Under this proposed Bush administration rollback, banks with assets of $1 billion or less would be exempted from providing investments and services in low-income areas. This is simply unacceptable. A bank with $900 million in assets is just as responsible to the community as a bank with $1 billion. In fact, all banks should be responsible to the communities whose money they use. I urge you to keep the Community Reinvestment Act as it currently is. Thank you.

Christopher Dazey


 

Last Updated 09/08/2004 regs@fdic.gov

Last Updated: August 4, 2024