From: Martin Livingston [mailto:mlivingston@gcra-sc.org]
Sent: Thursday, September 16, 2004 1:17 PM
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. Currently small banks are providing a very
needed service and partnering with non-profits to produce housing,
provide economic development loans, and creating lending revolving
funds that assist low and moderate income communities through the
country.
Martin L. Livingston Jr.
Greenville County Redevelopment Authority
301 University Ridge, Suite 2500
Greenville SC
