Federal Deposit
Insurance Corporation

From: VINCENT O' Donnell [mailto:VODonnell@liscnet.org]
Sent: Wednesday, October 13, 2004 5:34 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I strongly oppose the FDIC's proposal to allow banks with assets above $250 million to be examined as small banks under the Community Reinvestment Act. The CRA act has fostered a partnership that has benefitted both low income communities and financial institutions. The consolidation of lending institutions makes ever more important the participation of the remaining community-based banks in this essential partnetrship. The proposed policy change would reduce lending, investments and services in low-income communities and should be withdrawn. Thans you for the opportunity to comment on this matter.

Vincent F. O'Donnell
Vice President for Preservation
Local Initiatives Support Corporation (LISC)
95 Berkeley Street, Suite 202
Boston, MA 02116
617-338-5170; FAX 617-338-5175