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FDIC Federal Register Citations



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FDIC Federal Register Citations


Minotola National Bank


From: Ava Wargo
Sent: Thursday, August 26, 2004 12:53 PM
To: Comments
Cc: Dennis DiLazzero
Subject: Community Reinvestment -- RIN 3064-AC50

As a community bank with nearly $600 million in assets, Minotola National Bank supports the FDIC's proposal to raise the small bank threshold to $1 billion as reasonable in today's economic climate. Although we prefer the streamlined exam standards remain as they are, the proposed new community development criterion for banks with assets between $250 million and $1 billion is more flexible than the burdensome large bank requirements we must comply with today.
_______________________________
Ava Wargo
Senior Vice President & CFO
Minotola National Bank
614 Union Road
P.O. Box 1550
Vineland, NJ 08362-1550

 



Last Updated 08/26/2004 regs@fdic.gov

Last Updated: August 4, 2024