From: Michael Bosak [mailto:mbosak@city.cleveland.oh.us]
Sent: Thursday, September 16, 2004 2:02 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
To Whom It May Concern:
I would just like to comment on the proposed rule change by stating
I think it is a terrible idea to allow banks with assets below
$1 billion to be considered as small banks and allowed to take
the limited CRA exam. I've researched the CRA very thoroughly (not
too long ago) for a graduate school paper and am convinced that
any loosening of these regulations will have a very adverse impact
on city neighborhoods. Please reconsider!
Michael Bosak
District 1 Planner
City Planning Commission
Cleveland City Hall
601 Lakeside Avenue, Room 501
Cleveland, Ohio
