Federal Deposit
Insurance Corporation

From: Joe Ponessa [mailto:jponessa@comcast.net]
Sent: Saturday, October 16, 2004 5:12 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

Gentlemen

I would like to express support for maintaining the current requirements concerning community reinvestment and reporting by small banks, and oppose the raising of banks' asset threshold to $1 billion.
Present requirements have provided substantial benefits to low income communities and realxation of current standards would substantially reduce the loans that flow to the communities in which these banks operate.
Thank you for your coinsideration.
Sincerely,
Joseph Ponessa
Moorestown, NJ