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Federal Register Publications

FDIC Federal Register Citations



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FDIC Federal Register Citations



From: Dan Watson [mailto:DanWatson@kcha.org]
Sent: Thursday, September 16, 2004 1:23 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

The proposed policy change of treating banks with assets above $250 million as small institutions not requiring a full CRA exam is misguided and will unfortunately result in less compliance with the mandates of the Community Reinvestment. There's no question that this policy will result in less investment in the inner city and other struggling neighborhoods and make it easier for these institutions to ignore the lending and investment needs of the community.

Daniel R. Watson
600 Andover Park W.
Seattle, WA

 

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

Last Updated: August 4, 2024