From: Russ Stark [mailto:rstark@universityunited.com]
Sent: Thursday, September 16, 2004 2:42 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
I strongly oppose the proposed changes that would allow banks with
under $1 billion in assets to undergo the more limited CRA review. CRA
has been a critical tool for ensuring that low and moderate income
communities have access to credit. In my own area of St. Paul, MN, many
banks have significantly increased their lending to low and moderate
income individuals and small businesses in order to comply with CRA.
Thank you.
