Federal Deposit
Insurance Corporation

October 4, 2004

Grier Heights Economic Foundation, Inc.
P.O. Box 220594
Charlotte, NC 28222

Attention: Federal Deposit Insurance Corporation

Re: R1N 3064 AC50

Dear Gentlemen:

On behalf of our organization, I would like to state that I strongly oppose the rule that proposes to change the Community Reinvestment Act regulations. in my opinion, it will undermine our communities and the people who need help the most, and ask that you please do not adopt this rule.

Respectfully,

Endorsed by George A. Wallace
Executive Director
Grier Heights Economic Foundation, Inc.