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FDIC Federal Register Citations 1st Bank September
21, 2004 RE: Community Reinvestment, RIN number 3064-AC50; Proposal to Expand Eligibility for the Streamlined CRA Exam Dear Mr. Feldman: Stick to your decision on the $1 billion streamlined CRA exam proposal. As you know, I am a little, $45 million total asset bank, and your decision has no direct effect on me. However, my two in-town banking competitors are both over $250 million, and I would love to see them quit servicing this community as the special interest groups are predicting. I would pick up their customers (banking is very competitive) immediately, and they know this. The special interest groups are wrong. I do not know of a community in Montana that lacks or desires more local financial services or of a financial services provider that can afford to lose a block of its business. I assume it is the same in other states. Do not let these special interest groups scream "foul," because the "foul" has not and will not happen. Let FDIC's $1 billion streamlined CRA exam proposal pass. Sincerely,
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| Last Updated 10/25/2004 | regs@fdic.gov | |