Federal Deposit
Insurance Corporation

From: Laz1268@aol.com [mailto:Laz1268@aol.com]
Sent: Tuesday, September 21, 2004 10:14 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I oppose the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. This policy would reduce lending, investments and services in low-income communities.

Working with community development institutions in rural areas, I see the good of CRA at work. It is what encourages small community banks to work with their local community group on housing and other related issues. I can't imagine the effects of the disinvestment that will occur if small banks are allowed to ignore their communities. They will become nothing more than subprime lenders with nice offices.