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FDIC Federal Register Citations

LINCOLN LARIMER COMMUNITY DEVELOPMENT CORPORATION

From: LinLarCDC@aol.com [mailto:LinLarCDC@aol.com]
Sent: Thursday, September 16, 2004 2:24 PM
To: Comments
Subject: 12 CFR Part 345 comment from Lincoln Larimer Community Development Corporation

Lincoln Larimer Community Development Corporation serves low-income urban neighborhoods in the 12th Ward, City of Pittsburgh and has reviewed the 12 CFR Part 345 and opposes the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act.

This policy would reduce lending, investments and services in low-income communities. Our neighborhoods already struggle with these issues and feels that if these changes are made they would have a deviastating affect on our communities.

_______________________________________

Only when the citizens of a community have participated in selecting the goals which will shape their environment can they be expected to support the actions necessary to accomplish these goals
President John F. Kennedy, 1963

Judith K. Ginyard
Executive Director
Lincoln Larimer Community Development Corporation
6508 Frankstown Avenue
Pittsburgh, PA 15206
412-363-4650 Phone
412-363-8808 Fax

Last Updated 09/27/2004 regs@fdic.gov

Last Updated: August 4, 2024