FDIC Federal Register Citations
From:
Brian Kelly [mailto:brian@villagearts.org]
Sent: Monday, October 18, 2004 9:30 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
As a person currently working in a low-income community, 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. The CRA
is a
very important tool to make sure that citizens have access to capital
and
are not excluded from participating in the economy.
--
Brian Kelly
Project Coordinator, Shared Prosperity Initiative
The Village of the Arts and Humanities
2501 Alder Street
Philadelphia, PA
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