Regulatory Relief Guidance to Assist Financial Institutions in Responding to Hurricane Rita

Highlights: 

In responding to current or future natural disasters, the FDIC is referring depository institutions to recent FILs addressing various related issues:

• FIL-85-2005 Regulatory Relief: Steps to Help Rebuild Areas Affected by Hurricane Katrina; 
• FIL-88-2005 Hurricane Katrina: Social Security Payments and Benefits for Veterans; 
• FIL-89-2005 Hurricane Katrina: Assistance for Displaced Customers; 
• FIL-91-2005 Hurricane Katrina: Frequently Asked Questions Regarding the Bank Secrecy Act; and
• FIL-95-2005 Hurricane Katrina: Notification Requirements for Closing Branches in Hurricane-Impacted Areas. 

Please periodically check the FDIC’s Hurricane Recovery Web site for updated information and frequently asked questions at http://www.fdic.gov/hurricane/index.html .

The FDIC will continue to monitor recent disaster recovery efforts and may issue additional storm-related guidance as events warrant. FDIC-supervised institutions should notify their FDIC regional office as soon as possible after being impacted by a storm-related event. Depository institutions affected by severe storms are encouraged to consider all reasonable and prudent steps to meet the financial services needs of their communities.

Distribution: 
FDIC-Supervised Banks (Commercial and Savings) 

Suggested Routing: 
Chief Executive Officer 
Compliance Officer 
Chief Lending Officer 

Texas banks: Nann Wright at nwright@fdic.gov or (972) 761-2013; 

FDIC Call Center: 1-877-ASK-FDIC (1-877-275-3342) 

Note: 
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/financial-institution-letters/2005/index.html . 

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html . 

Paper copies of FDIC FILs may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).