From: Bill Pitkin
Sent: Thursday, September 16, 2004 5:34 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
To whom it may concern,
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. Having worked in these communities for more than
10 years, I know that banking services are direly needed and CRA
examination is a critical part of ensuring that banks provide these
services.
Sincerely,
Bill Pitkin
Bill Pitkin
Executive Director
Los Angeles United Methodist Urban Foundation
1021 S. Hope St.
Los Angeles, CA 90015
213-749-0214 x23
213-749-3098 FAX
"We initiate and support signs of hope for the city!"
