Recycling Black Dollars-CRA (Involvement)

We have received a number of e-mails from you commenting upon Chase's CRA performance in Louisiana and requesting a "CRA Agreement" between United Affirmative Action Development and Chase. We strongly object to your comments that Chase engages in discriminatory or redlining practices. In our September response to similar e-mails from you, we informed you that it is not Chase's policy to enter into CRA agreements because we believe our record of helping to strengthen and develop the communities in which we do business speaks for itself. We also sent you in September the most recent CRA public evaluation for Bank One, N.A. Illinois, (now Chase) which includes an evaluation of the bank's CRA performance in Louisiana. The OCC rated Bank One's performance in Louisiana as "Satisfactory" overall and rated the Lending test "High Satisfactory" and the Investment Test "Outstanding." It noted that Bank One had good performance in LMI geographies and lending volume and excellent performance to LMI borrowers. Again, if you or your organization wishes to apply for a small business or consumer loan, information is available on Chase's web site, www.chase.com. Respectfully,