From: jdiers [mailto:jdiers@rupco.org]
Sent: Friday, September 17, 2004 9:21 AM
To: Comments
Subject: Re: RIN 3064-AC50
September 17, 2004
Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ISS
Federal Deposit Insurance Corporation
550 17th Street, NW
Washington, DC 20429-9990
Re: RIN 3064-AC50
Gentlemen:
I am strongly opposed to watering down CRA (Community Reinvestment
Act) requirements for mid-sized banks. CRA is vital for increasing
homeownership and economic development in lower-income communities.
However, your proposed changes will halt the progress that has
been made. In my opinion, it will really undermine rural communities,
like the one I live and work in. Please do not adopt this rule.
Respectfully,
Jeanette Diers
Director of Development
Rural Ulster Preservation Company
289 Fair Street
Kingston, New York