Federal Deposit
Insurance Corporation

From: Wendy Kellogg [mailto:wendy@urban.csuohio.edu]
Sent: Monday, October 18, 2004 12:38 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I strongly support continuation of the CRA for its ability to mobilize and leverage much-needed investment in communities that are poor or experiencing disinvestment. Few federal laws and policies directly affect cities more directly. I oppose the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. This policy would reduce lending, investments and services in low-income communities.

Wendy Kellogg

--
Wendy Kellogg, Ph.D.
Associate Professor of Urban Planning and Environmental Studies
Director, Master of Urban Planning, Design and Development Program
Director, Master of Arts in Environmental Studies Program
Levin College of Urban Affairs
Cleveland State University
1717 Euclid Ave.
Cleveland, OH 44115