Federal Deposit
Insurance Corporation

From: Bbsenturia@earthlink.net [mailto:Bbsenturia@earthlink.net]
Sent: Thursday, October 21, 2004 6:38 PM
To: Comments
Subject: RIN 3064-AC50

Re: Preserving the Community Reinvestment Act Mr. Robert E. Feldman Executive Secretary Attention: Comments/Legal ESS Federal Deposit Insurance Corporation 550 17th Street NW Washington, DC 20429 Dear Mr. Feldman: I am an investor with Amy Domini Funds because they are a socially responsible investment company. I also own Calvert Socially Responsibe funds through my retirement plan. I believe that financial policy must work to reward institutions and companies which act in a socially responsible way. The Community Reinvestment Act was passed for a reason - to ensure that banks are actively participating in the financial vitality of their communities. It is important that banks participate in their local communities by engaging in policies that facilitate community lending, services, and investment. Community Development Financial Institutions play a major role in equalizing the playing field for poor communities and for small businesses in these communities. Low-cost housing, reasonable loan rates, and sympathetic banking institutions all contribute to a better quality of life in these areas. These policies also create investors for the future. Please withdraw your proposal to require banks to meet only one community development activity by many banks. If enacted, this proposal will have a negative effect on many of our communities which need help the most. Yours Sincerely, Brenda Senturia Brenda Senturia