From: CHUCK SCALISE
Sent: Tuesday, September 07, 2004 1:29 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
I am alarmed to read that there is a possibility of re-defining
the definition of a small bank and therefore would give a number
of smaller banks less responsibility under the Community Reinvestment
Act (CRA). I have seen first hand the tremendous favorable impact
the CRA has had on smaller and medium sized communities and I believe
that changing the definition would adversely affect the progress
the community development community has experienced.
Charles G. Scalise, Executive Director
Housing and Neighborhood
Development Service (HANDS)