- Severe thunderstorms and tornadoes have resulted in significant damage in Sumter County, Georgia, and Coffee County, Alabama.
- The FDIC is encouraging banks to work constructively with borrowers who are experiencing difficulties beyond their control because of damage caused by the storms.
- Extending repayment terms, restructuring existing loans or easing terms for new loans, if done in a manner consistent with sound banking practices, can contribute to the health of the community and serve the long-term interests of the lending institution.
- The FDIC will also consider regulatory relief from certain filing and publishing requirements.
FDIC-Supervised Banks (Commercial and Savings)
in Alabama and Georgia
Chief Executive Officer
Chief Lending Officer
Supervisory Practices Regarding Depository
Institutions and Borrowers in Areas Affected by Severe Storms and Tornadoes in Alabama and Georgia
For Alabama, Assistant Regional Director David
Crumby at (678) 916-2173 or firstname.lastname@example.org
For Georgia, Assistant Regional Director Timothy
Hubby at (678) 916-2178 or email@example.com
FIL-29-2007 - PDF 39k (PDF Help)
FDIC financial institution letters (FILs) may be
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To receive FILs electronically, please visit
Paper copies of FDIC financial institution letters
may be obtained through the FDIC's Public
Information Center, 3501 Fairfax Drive, E-1002,
Arlington, VA 22226 (1-877-275-3342 or 703-562-