From: David Kraut [mailto:dkraut@nyc.rr.com]
Sent: Thursday, September 16, 2004 3:57 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
Thanks to the CRA, many banks that otherwise would not have
considered investing in low-income communities have been forced to
evaluate and make such investments, and the country has been the better
for it. 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. Please reject this change.
