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FINANCIAL INSTITUTION LETTER | JUNE 2, 2025 |
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REGULATORY RELIEF: Guidance to Help Financial Institutions and Facilitate Recovery in Areas Affected by Natural Disasters
SUMMARY:
The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas recently affected by natural disasters. These following states have been impacted, with some states experiencing multiple distinct disaster events:
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Kentucky – Federal disaster declaration issued on April 24, 2025
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Arkansas – Federal disaster declaration issued on May 8, 2025
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Arkansas – Federal disaster declaration issued on May 21, 2025
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Mississippi – Federal disaster declaration issued on May 21, 2025
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Missouri – Federal disaster declaration issued on May 21, 2025
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Oklahoma – Federal disaster declaration issued on May 21, 2025
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Texas – Federal disaster declaration issued on May 21, 2025
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Kentucky – Federal disaster declaration issued on May 23, 2025
Please review the FDIC’s Disaster Page to review information about what to do if your bank is affected.
STATEMENT OF APPLICABILITY:
The contents of, and material referenced in, this FIL apply to all FDIC-supervised financial institutions.
DISTRIBUTION:
FDIC-Supervised Financial Institutions in each state listed above.
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