Federal Deposit
Insurance Corporation

From: [mailto:larsh_@excite.com]
Sent: Wednesday, October 20, 2004 7:17 PM
To: Comments
Subject: Keep the CRA in its current form

The Community Reinvestment Act (CRA) is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods, consistent with safe and sound banking operations.

The Bush administration should stop its assault on the working class families that rely on the housing, shopping centers and community revitilization provided by this program.

I urge you to reconsider this rule change that would exempt over 1,000 banks, nationwide, from the compassionate and conservative effect this law has had in the redevelopment of neighborhoods and communities since its inception.

Thank you,

Lawrence J. Holbrook
4050B Keanu St, #19
Honolulu, HI 96816