From: sam phipps [mailto:samphipps2000@msn.com]
Sent: Thursday, September 16, 2004 4:39 PM
To: Comments
Subject: SPAM::Community Reinvestment -- RIN 3064-AC50
I am opposed to the FDIC's proposal to allow banks with assets above
$250 million to be examined as small banks under the Community
Reinvestment Act. This puts an unfair and extra burden on low- and
middle-income community to overcome when fighting against unfair banking
practices in their respective communities. This policy would reduce
lending, investments and services in low-income communities."
No one wants too much government regulation; but no one wants to be
discriminated against either. If you lower the bar for the bank policy,
than please increase the (stakes) penalties when bankers intentionally
break the law ( s ).