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Comment

  

Cottage Savings Bank

From: Dion Koop [mailto:dkoop@cottagesavingsbank.com]
Sent: Thursday, August 05, 2004 1:01 PM
To: regs.comments@federalreserve.gov; Comments; regs.comments@occ.treas.gov; regs.comments@ots.treas.gov
Subject: EGRPRA

The requirement to provide an annual privacy notice (even short form) to our customers proves to be quite costly and seemingly unnecessary. To maintain disclosure to customers and limit bank time and monetary expenses, it would be better to amend disclosure requirement to: 1) at the time a relationship is established; and 2) to all customer/consumers if an institution changes its privacy policy since initial disclosure was provided.

Mr. Dion P. Koop, VP/CFO
Cottage Savings Bank
Cincinnati, Ohio

 

 

 
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