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Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

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Inactive Financial Institution Letters

Flood Insurance
Updated Standard Flood Hazard Determination Form
June 21, 2006

Summary: The Federal Emergency Management Agency (FEMA) has issued the attached revised Standard Flood Hazard Determination Form, which includes a new Office of Management and Budget (OMB) control number and a revised expiration date of October 31, 2008. The form's format and content have not changed. The updated form must be used beginning July 1, 2006.

  • FDIC-supervised banks must use FEMA's Standard Flood Hazard Determination Form when determining whether a building or mobile home offered as security for a loan will be located in a Special Flood Hazard Area. This requirement is pursuant to the National Flood Insurance Reform Act of 1994 and FDIC regulations (12 CFR 339.6).
  • The updated Standard Flood Hazard Determination Form, with the new OMB control number and expiration date, must be used after June 30, 2006.
  • The revised form and instructions are attached to this letter and may also be accessed through FEMA's Web site:

FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
Compliance Officer

Standard Flood Hazard Determination Form (OMB No. 1660-0040, Expires October 31, 2008) - PDF 148k (PDF Help)

Mira Marshall, Sr. Policy Analyst (Compliance), at or 202-898-3912

Printable Format:
FIL-51-2006 - PDF 26k (PDF Help)

FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at

To receive FILs electronically, please visit

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).

Last Updated 06/21/2006

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