Federal Deposit
Insurance Corporation

From: Heidi Rosinski [mailto:hrosinski@friendsofthenorthcountry.org]
Sent: Wednesday, September 22, 2004 11:35 AM
To: Comments
Cc: Victoria
Subject: Fw: RIN3064-AC 50 comments

Dear FDIC representative,

I am the Finance Director for Friends of the North Country, Inc., a community development non-profit located in Keeseville, NY. Our organization is extremely concerned about the proposed changes in CRA rules. The proposed changes would effectively reduce the number of banks falling within this criteria by more than half.

Our organization has found the CRA a vital tool in providing affordable housing and community reinvestment on behalf of low income communities and residents. We believe that the proposed changes represent a serious weakening of the gains already made and cannot urge you strongly enough to change these modifications to require continued CRA compliance among these banks.

Thank you for your attention.

Melissa Furnia
Finance Director
Friends of the North Country, Inc.
PO Box 446
Keeseville, NY 12944