From: John Berdes [mailto:jberdes@sbpac.com]
Sent: Friday, September 17, 2004 1:53 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.
The CRA has been a substantial motivation for investing in low
income communities for decades. This proposed change will especially
impact the growing number of poor rural communities in America.
John Berdes, President
Shorebank Enterprise Pacific
Post Office Box 826
Ilwaco, WA 98624
