- Hurricane Dennis and associated storms have resulted in wind damage, heavy rainfall and flooding in the South.
- The FDIC is encouraging banks to work constructively with borrowers who, because of the natural disaster, are experiencing difficulties beyond their control.
- 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.
FDIC-Supervised Banks (Commercial and Savings) in Alabama, Florida, Georgia and Mississippi.
Chief Executive Officer
Chief Lending Officer
Supervisory Practices Regarding Depository Institutions and Borrowers Affected by Severe Storms
Assistant Regional Director Gale Simons-Poole at firstname.lastname@example.org or 678-916-2200
(Alabama, Florida and Georgia)
Assistant Regional Director Patricia A. Lenfert at email@example.com or 901-821-5203 or 901-685-1603
FIL-62-2005 - PDF 27k (PDF Help)
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/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).