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FDIC Federal Register Citations



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FDIC Federal Register Citations

ROOTS OF MANKIND CORP

From: JAHRIE@aol.com [mailto:JAHRIE@aol.com]
Sent: Saturday, September 04, 2004 2:25 AM
To: Comments
Subject: RE: RIN 3064-AC50
August 20, 2004

Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17th St. NW 20429

RE: RIN 3064-AC50

Dear Mr. Feldman:

As an advocate for affordable housing and Housing Counselor for the Roots of Mankind Corporation, I urge you to withdraw your proposed changes to the Community Reinvestment Act (CRA) regulations.

The proposal if approved will negate the services for which CRA statute was intended, and thus not serve the people in need. It will eliminate development lending, investing and services. Rural areas and small business will be adversely affected. If the FDIC is sincere about profitters of communities giving back, I suggest that banks and the enforcement of the CRA remain intact with all provisions and monitored more closely.

Sincerely,

C. Whitmire
Roots of Mankind Corporation

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

Last Updated: August 4, 2024