From: Dan Watson [mailto:DanWatson@kcha.org]
Sent: Thursday, September 16, 2004 1:23 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
The proposed policy change of treating banks with assets above $250
million as small institutions not requiring a full CRA exam is misguided
and will unfortunately result in less compliance with the mandates
of the Community Reinvestment. There's no question that this policy
will result in less investment in the inner city and other struggling
neighborhoods and make it easier for these institutions to ignore
the lending and investment needs of the community.
