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FDIC Federal Register Citations

Enterprise Foundation

From: rwilliams@enterprisefoundation.org [mailto:rwilliams@enterprisefoundation.org]
Sent: Thursday, October 14, 2004 11:55 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

10/14/04 11:55:04 AM

Mr. Robert E. Feldman

Executive Secretary

Attention: Comments/Legal ESS

Federal Deposit Insurance Corporation
550 17th St. NW
Washington, DC 20429
RE: RIN 3064-AC50

Dear Mr. Feldman:

I am writing to request that you to withdraw your proposed changes to
the Community Reinvestment Act (CRA) regulations. My organization,
The Enterprise Foundation - Denver Office, knows firsthand that the CRA
has been instrumental in increasing homeownership, boosting economic
development, and expanding small businesses in the nation’s low- and
moderate-income communities.

The proposed FDIC rule would exempt many of our community’s key
financial partners from the effective and productive requirements
currently in place. We oppose any increase to the threshold of what
is considered to be a small bank,and we urge the FDIC withdraw its
proposed rule Sincerely,

Rashida Williams
The Enterprise Foundation - Denver Office
1801 Williams Street, Suite 200
Denver, Co 80218

 




Last Updated 11/02/2004 regs@fdic.gov

Last Updated: August 4, 2024