FDIC Federal Register Citations

9-13-04

Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17th St. NW
Washington, D.C. 20429 – 0001

Dear Mr. Feldman:

I am a citizen who works with and for minorities, immigrants and low-income people in my community. I am concerned about and opposed to any watering down of CRA (Community Reinvestment ACT) requirements for mid – sized banks. CRA is vital for increasing homeownership and economic development in lower-income communities and neighborhoods. Your proposal will halt the progress that has been made over the past years.

Once again, it appears that the most fragile and needy of our society will suffer for the prosperity of the more well-off. I am vehemently opposed to the gutting of CRA by some indiscriminate regulatory fiat.

Sincerely,
Rev. William Ribbens 1016 N. Broadway De Pere, WI 54115

Cc: National Community Reinvestment Coalition
President George W. Bush
Senators John Kerry, John Edwards, Russell Feingold and Herbert Kohl