FDIC Federal Register Citations

From: Dawn M. Teter [mailto:dmteter@aol.com]
Sent: Thursday, September 23, 2004 2:28 PM
To: Comments
Subject: Community Reinvestment Act -- RIN 3064-AC50

Dawn M. Teter
Program Manager
JLCS, Inc.
PO Box 3245
Davenport, IA 52808

September 23, 2004
Dear Robert Feldman:

Mr. Robert E. Feldman
Executive Secretary
ATTN: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 E. 17th Street, NW
Washington, DC 20429

RE: RIN 3064-AC50

Dear Mr. Feldman:

I am writing to oppose the proposed regulatory changes to the Community Reinvestment Act (CRA). The CDFI industry relies on a strong CRA to ensure the participation of mid-size banks in the growth and expansion of financial services and accessibility to capital in low and moderate-income communities across the United States.

The CRA has been successful in expanding access to capital and broadening the reach of financial services to all communities. The proposed changes to the CRA risk halting this important progress. I urge you to not adopt the proposed regulatory changes weakening the CRA.

Sincerely,

Dawn M. Teter
563-322-3751
Program Manager
JLCS, Inc.