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FDIC Federal Register Citations



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FDIC Federal Register Citations

NEIGHBORHOOD CAPITAL CORPORATION

From: Kim Kimlin [mailto:KKimlin@neighborhoodcapital.org]
Sent: Friday, September 17, 2004 10:22 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

Our non-profit has 68 community development corporations as members, many of which are located in rural areas. I have heard from many of them in recent weeks regarding the proposed FDIC ruling that would allow banks with assets greater than $250 million to be examined as small banks under the Community Reinvestment Act.

Our rural members believe that this ruling will particularly reduce lending and investments that benefit low- and moderate-income residents in their communities. On their behalf, Neighborhood Capital Corporation opposes the proposal.

Kim Kimlin
Executive Director
Neighborhood Capital Corporation
www.neighborhoodcapital.org


 

Last Updated 09/21/2004 regs@fdic.gov

Last Updated: August 4, 2024