From:
First Presbyterian Church
Sent: Wednesday, September 08, 2004 5:43 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
To whom it may concern:
The Community Reinvestment Act is an important component to our community’s
affordable housing and community development programs. I oppose any increase
to the threshold of what is considered to be small bank. The proposed FDIC
rule would exempt many of our community’s financial institutions from
these effective and productive requirements which are currently in place. We
need more, not less from banking institutions which are making money in our
communities. I urge the FDIC to withdraw its proposed rule change.