From: Kris Monzel [mailto:klmonzel@frontiernet.net]
Sent: Thursday, September 16, 2004 1:00 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I am a planning and development consultant, working primarily with grassroots and community-based organizations serving the poor. I am also a volunteer for many such efforts. The CRA is, in my opinion, a very strong impetus for banks investing in projects in low-income communities.

I strongly oppose the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. Without this policy, we would most surely see a reduction in bank investment in low-income communities -- an investment meant to address historical and current inequities in the flow of capital through our economy.

Thank you,
Kris Monzel

Kris Monzel
Principal
Bristol Hills Associates
6649 Dugway Road
Canandaigua NY 14424
ph/fax (585) 229-5910
cellular (585) 738-5771
klmonzel@frontiernet.net