From: Lauren Anderson
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
I am very concerned about the proposal to raise the threshold definition
of small banks. I think that it is a tremendous leap and will exempt
far too many institutions. CRA has fostered meaningful and mutually
productive relationships in our community. While it may be the tool
that helps to get folks to the table, the results of the relationship
have been what has kept our non profit and big and small banks together
at the table. New Orleans has an unusually large number of small
institutions that are significant in the community. I hope that the
FDIC does not change the limit and therefore send the wrong message
to them that their commitment to meet the credit needs of the community
are any less important today than they were when the CRA was first
adopted.
Lauren Anderson
Director
Neighborhood Housing Services of New Orleans
4700 Freret Street
New Orleans, LA 70115
