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FDIC Federal Register Citations



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FDIC Federal Register Citations

First Sterling Financial

From: Dominick Buffa [mailto:DBuffa@firststerling.com]
Sent: Wednesday, October 13, 2004 7:05 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I oppose 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.

We have seen time and time again that without oversight, lending institutions will succumb to the pressures to achieve the highest profit margins and forget their role in building a stronger America with opportunities for all its citizens.

Dominick Buffa
First Sterling Financial Inc
1155 Northern Boulevard
Manhasset, NY 11030
516-627-5223 ext 3127
516-627-8760 (Fax)




Last Updated 10/30/2004 regs@fdic.gov

Last Updated: August 4, 2024