Mr. Robert E. Feldman
Executive Secretary
Attn: Comments/Legal !SS
Federal Deposit insurance Corporation
550 17`" Street, NW
Washington, DC 20429-9990
Re: RIN 3064-AC50
Dear Feldman:
It has come to my attention that that there are proposed changes
currently being considered being made to the Community Reinvestment Act.
As you know, these changes include raising the asset threshold defining
"small banks" to $1 billion and broadening the definition of community
development and activities that meet this criterion.
It is my firmly held belief that these proposed changes will dilute
the efficacy and intent of the Community Reinvestment Act. I therefore
oppose these changes. in providing multiple community services including
affordable housing, we have established excellent working relationships
with at least five local banks as a result of their participation in CRA
compliance.
If 1 can provide further information on how these proposed changes
will negatively impact community development and economic growth, please
feel free to contact me. Thank you in advance for your consideration.
Veru truly yours,
Robert M. I Howard
Executive Director
cc: Hon. Kay Bailey Hutchison, U.S. Senate
Hon. John Comyn, U.S. Senate
Hon. John Carter, U.S. House of Representatives
