From: Pleasant City Faith-Based [mailto:pleasantcity@hotmail.com]
Sent: Thursday, September 16, 2004 7:38 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
My community based organization's Board of Directors which represents
and provides services in a blighted, very low income South Florida
community, opposes the FDICs proposal to allow banks with assets greater
than $250 million to be examined as small banks under the Community
Reinvestment Act. This policy change will reduce lending and investment
in our diverse, multi-cultural community, as well as significantly
increase the number of unbanked locally and regionally. This proposal
rolls back the progress and good works of the past twenty years.
--Edward Horton, Executive Director