Federal Deposit
Insurance Corporation

From: Dennis Barrish [mailto:barrish@westendmilw.org]
Sent: Monday, October 18, 2004 2:40 PM
To: Comments
Subject: SPAM::Community Reinvestment -- RIN 3064-AC50

Dear Mr. Feldman:

There is a redundancy of urban studies that show the number one indicator of quality of life in one’s neighborhood is homeownership.

The proposal to allow banks with assets above $250 Million dollars to be examined as small banks would seriously lower investments in the neighborhoods that need them the most.

It is human nature to take the easiest way out. This proposal in Community Reinvestment 12 CFR 345 will allow certain banks to take the easy way out and severely diminish investment in low-income communities. This proposed change acts as an avenue for disinvestment of low-income neighborhoods and is contrary to its title.

I am opposed to this proposal.

Dennis J. Barrish
Executive Director
West End Development Corporation
3034 West Wisconsin Avenue
Milwaukee, WI 53223
414-933-2080 Fax-933-7163