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  • Comment Detail

  • Date: 12/03/14
    First Name: Bryan
    Last Name: Cohen
    Organization: Quantum Bank
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA39

  • Comment

    As a member of the FHLB Atlanta - these additional rules seem superfluous. We work hard in the community to provide access to credit to our mostly business customers. Creating more rules and restrictions to this process seems to only increase the burdens that already exist in providing access to credit. Furthermore, broad additional changes such as this should receive legislative as well as regulatory approval. When legislative approval is required we are able to provide input to our elected representatives to make sure that the changes are balanced for our industry. A very good example of rules creating havoc in the market have occurred over the last 3 years relating to the residential mortgage industry. Those regulations have been difficult to manage through and I believe have created restrictions to credit that hurt the public as much or more than the banking industry.