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Federal and state financial regulatory agencies issue interagency statement on supervisory practices regarding financial institutions affected by hurricanes Fiona and Ian

Posted: Oct 6, 2022 | Author: NCUA
Board of Governors for Federal Reserve System  business continuity  compliance  FDIC  Federal Reserve  NCUA 

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators—collectively, the agencies—recognize the serious impact of hurricanes Fiona and Ian on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies encourage institutions operating in the affected areas to meet the financial services needs of their communities.

A complete list of the affected disaster areas can be found on FEMA’s website.

Visit the NCUA site for more information and resources.

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