Federal Deposit
Insurance Corporation

From: egraap@fauquierbank.com [mailto:egraap@fauquierbank.com]
Sent: Wednesday, October 27, 2004 9:19 AM
To: Comments
Subject: Save the Community Reinvestment Act

Dear FDIC,

Mr. Feldman:

I am a concerned citizen who supports your rule proposal that would ease Community Reinvestment Act (CRA) requirements for most of the banks in my area.

The proposed Federal Deposit Insurance Corporation (FDIC) rule would be beneficial to the community in which I live and hundreds of town, cities and rural areas across the United States.

Instead of funds spent on bureaucracy the proposed FDIC would allow these financial institutions to put more actual dollars back into the community. The result will be more community development activity were I live. That will mean more jobs, better housing, and more benefit to the community.

As I understand it, the Community Reinvestment Act was made law to require lenders to meet community needs. Your rule proposal supports this requirement.

Eric Graap
Warrenton, VA