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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations


From: sam phipps [mailto:samphipps2000@msn.com]
Sent: Thursday, September 16, 2004 4:39 PM
To: Comments
Subject: SPAM::Community Reinvestment -- RIN 3064-AC50

I am opposed to the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. This puts an unfair and extra burden on low- and middle-income community to overcome when fighting against unfair banking practices in their respective communities. This policy would reduce lending, investments and services in low-income communities."

No one wants too much government regulation; but no one wants to be discriminated against either. If you lower the bar for the bank policy, than please increase the (stakes) penalties when bankers intentionally break the law ( s ).


Last Updated 09/20/2004 regs@fdic.gov

Last Updated: August 4, 2024