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Rural Ulster Preservation Company

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

 

Last Updated 09/28/2004 regs@fdic.gov

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