Federal Deposit
Insurance Corporation

From: Jeremy Hays [mailto:JeremyH@urbanstrategies.org]
Sent: Wednesday, October 13, 2004 5:56 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I oppose 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 communities. We are struggling hard to get low-income residents connected to banking services and to spur investment in underserved neighborhoods. This will be a terrible step backwards.

Jeremy Hays
Coordinator, InfoOakland

Urban Strategies Council
672 13th St.
Oakland, CA 94612
Phone: (510) 463-2717
Fax (510) 893-6657