Federal Deposit
Insurance Corporation

From: Steve Rivera [mailto:riveras@ccac-vtc.org]
Sent: Wednesday, October 13, 2004 6:17 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

To whom it may concern,

The Calexico Community Action Council a non profit corporation opposes the FDIC's Proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. This policy would reduce lending, investments and services in low-income and moderate income communities. With the housing market rising in cost and federal and State aid being reduced this change would be catastrophic to all those needed help. The gap of lower and higher income is rising. Not to mention the billions of dollars that non profit entities put back into the communities building a stronger economy as well as helping those most in need.

Thank you
Steve F Rivera
Calexico Community Action Council