Home About FCA News & Events Reports & Publications Law & Regulations Exam Guidance FCS Information FCA Logo

Return to Public CommentsPrevious PagePrevious Comment LetterNext Comment LetterNext Page

FCS Diversity and Inclusion - PROPOSED RULE - MARCH 2011


Dear Mr. Van Meter,

Thank you for this opportunity to provide comment on ways the FCS can better serve small and midsized, local and regional food producers.  I support your efforts to diversify the FCS loan portfolio and would ask that in defining what needs to be included in FCS marketing plans that you include:

1. An investment goal for local and regional food producers of not less than 10% of each institution’s capital within 5 years.

2. A plan for conducting outreach to local and regional food producers.

3. A requirement that such an outreach plan and periodic progress reports be made public.

4. A commitment to adding local and regional food producers to the FCS board.

5. A plan for developing lending and business support products with terms and benefits appropriate for local and regional food producers.

6. Develop a program to reach urban & suburban gardeners & farmers that would benefit from small micro-loans to encourage & facilitate the availability of fresh produce to local neighborhoods.

Donald Sturman
5611 Doorn Lane
San Jose, CA 95118
San Jose, CA 95118