Federal Deposit
Insurance Corporation

From: Carrie Sides [mailto:CarrieS@legacybank.com]
Sent: Friday, October 15, 2004 10:04 AM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

I strongly believe the FDIC should raise the CRA threshold $1 billion. The current regulation is very burdensome for community banks. The reporting requirements are very time consuming and are overly complicated. I feel that community banks provide adequate support through loans, investments and services without the regulation. I also feel that the investment test of the regulation is extremely limiting. A bank should be able to choose when and where it wishes to make donations and investments without regulatory burden to do so.

Carrie Sides
Legacy Bank
Compliance Officer
Duncan North