Federal Deposit
Insurance Corporation

Crescent Bank & Trust

October 14, 2004

Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17th Street NW Washington, DC 20429

Re: RIN 3064-AC50

Dear Sir:

Please let this correspondence serve as notice that Crescent Bank & Trust fully supports changes to the Community Reinvestment Act as proposed during 2004. Increasing the threshold to $1 billion and adding a new community development criterion to the small bank performance standards for banks with total assets that exceed $250 million will greatly reduce the regulatory burden without reducing the actual dollars invested in the community. As reinvestment is the ultimate goal I believe all interests will be best served by your proposal.

Sincerely
Fred B. Morgan, III
President