Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Federal Register Publications

FDIC Federal Register Citations



 Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations



FDIC Federal Register Citations


From: Rieckers [mailto:rieckers1@comcast.net]
Sent: Thursday, September 02, 2004 10:56 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

As a developer of affordable housing and as a small business, the Community Reinvestment Act has improved financial institution attention to my business and increased their investment in my community, Spokane, Washington. Over the years, many of the smaller banks in my community have been acquired by larger banks. We now have essentially only 9 banks active in our community. Under the proposed rules, as I understand them, all but four banks would be exempted from CRA requirements. I strongly oppose increasing the threshold of what is considered a small bank. It will be bad for my community, and bad for business. I urge you to withdraw the proposed rule.

Thank you for your consideration of these remarks.

Sincerely

Ray Rieckers, MSW
4103 N. Hawthorne
Spokane, WA 99205

Telephone: (509) 328-3410

Last Updated 09/03/2004 regs@fdic.gov

Last Updated: August 4, 2024