FDIC Updates Steps to Protect Banks and Consumers and to Continue Operations

Financial Institution Letter

March 27, 2020

FDIC Updates Steps to Protect Banks and Consumers and to Continue Operations

Summary

The FDIC is updating steps announced on March 16, 2020 to protect banks and consumers and to continue operations.

Statement of Applicability to Institutions under $1 Billion in Total Assets:

This Financial Institution Letter applies to all FDIC-insured state nonmember banks and savings associations, including community institutions.

Suggested Distribution

FDIC-Supervised Institutions

 

Read the FIL

 

The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe