[Federal Register Volume 69, Number 181 (Monday, September 20, 2004)]
[Proposed Rules]
[Page 56175]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-21162]


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 Proposed Rules
                                                 Federal Register
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 This section of the FEDERAL REGISTER contains notices to the public of 
 the proposed issuance of rules and regulations. The purpose of these 
 notices is to give interested persons an opportunity to participate in 
 the rule making prior to the adoption of the final rules.
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  Federal Register / Vol. 69, No. 181 / Monday, September 20, 2004 / 
Proposed Rules  

[[Page 56175]]



FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 345

RIN 3064-AC50


Community Reinvestment

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Proposed rule; extension of comment period.

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SUMMARY: On August 20, 2004, the Federal Deposit Insurance Corporation 
(FDIC), requested public comment on proposed revisions to 12 CFR part 
345 implementing the Community Reinvestment Act (CRA) (69 FR 51611, 
August 20, 2004). The FDIC is extending the comment period on the 
proposal until October 20, 2004. This action will allow interested 
persons additional time to analyze the issues and prepare their 
comments.

DATES: Comments must be received on or before October 20, 2004.

ADDRESSES: You may submit comments, identified by RIN number 3064-AC50 
by any of the following methods:
     Agency Web site: http://www.FDIC.gov/regulations/laws/federal/propose.html.
     Mail: Robert E. Feldman, Executive Secretary, Attention: 
Comments/Legal ESS, Federal Deposit Insurance Corporation, 550 17th 
Street, NW., Washington, DC 20429.
     Hand Delivered/Courier: The guard station at the rear of 
the 550 17th Street Building (located on F Street), on business days 
between 7 a.m. and 5 p.m.
     E-mail: [email protected]. Include RIN number 3064-AC50 in 
the subject line of the message.
     Public Inspection: Comments may be inspected and 
photocopied in the FDIC Public Information Center, Room 100, 801 17th 
Street, NW., Washington, DC, between 9 a.m. and 4:30 p.m. on business 
days.
    Instructions: Submissions received must include the agency name and 
RIN for this rulemaking. Comments received will be posted without 
change to http://www.FDIC.gov/regulations/laws/federal/propose.html, 
including any personal information provided.

FOR FURTHER INFORMATION CONTACT: Richard M. Schwartz, Counsel, Legal 
Division, (202) 898-7424; or Susan van den Toorn, Counsel, Legal 
Division, (202) 898-8707; Robert W. Mooney, Chief, CRA and Fair Lending 
Policy Section, Division of Supervision and Consumer Protection; 
Deirdre Ann Foley, Senior Policy Analyst, Division of Supervision and 
Consumer Protection, (202) 898-6612; or Pamela Freeman, Policy Analyst, 
Division of Supervision and Consumer Protection, (202) 898-6568,Federal 
Deposit Insurance Corporation, 550 17th Street, NW., Washington, DC 
20429.

SUPPLEMENTARY INFORMATION:
    On August 20, 2004, the FDIC requested comment on revisions to 12 
CFR 345 implementing the CRA that would (a) change the definition of 
``small bank'' to raise the asset size threshold to $1 billion 
regardless of holding company affiliation; (b) add a community 
development activity criterion to the streamlined evaluation method for 
small banks with assets greater than $250 million and up to $1 billion; 
and (c) expand the definition of ``community development'' to encompass 
a broader range of activities in rural areas. In addition, the FDIC 
also sought comments on other options.
    The proposal was published for a 30-day comment period, which was 
scheduled to close on September 20, 2004. In order to ensure that as 
many interested parties as possible have time to comment on the 
proposal, the comment period is being extended to October 20, 2004.
    You should submit your comments on the proposal on or before 
October 20, 2004.

    By order of the Board of Directors.

    Dated at Washington, DC, this 16th day of September, 2004.

Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 04-21162 Filed 9-16-04; 12:12 pm]
BILLING CODE 6714-01-P