November 21, 2003

The Honorable Alan Greenspan

Chairman

Board of Governors of the Federal Reserve System

Twentieth Street and Constitution Avenue, N.W.

Washington, D.C. 20551

The Honorable John D. Hawke, Jr.

Comptroller

Office of the Comptroller of the Currency

250 E Street, S.W.

Washington, D.C. 20219

The Honorable William H. Donaldson

Chairman

Securities and Exchange Commission

450 Fifth Street, N.W.

Washington, D.C. 20549

Dear Chairman Greenspan, Mr. Hawke, and Chairman Donaldson:

I am writing with reference to the enclosed letter of November 4, 2003 from Mr. Bernard Langan regarding his complaint against Summit Bank and its successor Fleet Bank with respect to alleged violations of antitying and other banking laws and regulations and federal securities laws with respect to a real estate construction loan, derivative product, and T-Rate locks.

Please look into this matter and advise us of your findings by close of business on Monday, December 29, 2003. Thank you for your cooperation and attention to this matter. I am sharing this information with Chairman Oxley and Ranking Member Frank of the Committee on Financial Services, which has jurisdiction over banks and banking and securities and exchanges, for any action they deem appropriate.

Sincerely,

JOHN D. DINGELL

RANKING MEMBER

Enclosure

cc:        The Honorable W.J. (Billy) Tauzin, Chairman

             Committee on Energy and Commerce

             The Honorable Michael G. Oxley, Chairman

             Committee on Financial Services

             The Honorable Barney Frank, Ranking Member   

             Committee on Financial Services

             The Honorable David M. Walker, Comptroller General

             U.S. General Accounting Office