From: Stephenscheryll@aol.com [mailto:Stephenscheryll@aol.com]
Sent: Tuesday, October 19, 2004 4:11 PM
To: Comments
Subject: CRA Reduction Request

FDIC Staff:
For over 20 years I have worked in the community and economic develop discipline. One of the most important pieces of legislation to every be passed and supported nationally were the CRA requirements. Lenders receive investments, even though sometimes they are small, and make money off of the investment or they would not be in business. Without CRA most (not all, but most) would not look for opportunities to reinvest in the community.

Please do not let the reduction in CRA requirements take place.

Cheryl L. Stephens
Phone - 216/ 397-3297
Cell - 216/650-6002
Fax - 216/371-5775