FDIC Federal Register Citations

Northeast Oregon Economic Development District

From: Lisa Dawson [mailto:lisadawson@neoedd.org]
Sent: Friday, September 17, 2004 1:58 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50

As the Executive Director of the Northeast Oregon Economic Development
District, 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 and rural communities.

There are few banks that would be subject to the full CRA
exam. Reinvestment of funds in rural, low-income communities is essential
for the financial health of the country. Please do not make a change to
the banking policies and regulations that would negatively impact those
areas that need the support of our financial system.

Sincerely,

Lisa Dawson
Northeast Oregon Economic Development District
101 NE First Street, Suite 100
Enterprise, OR