- Severe storms and flooding have caused significant damage to areas of Minnesota, Wisconsin and Ohio.
- In Minnesota, the counties of Fillmore, Houston, Winona, Olmsted, Steele, Wabasha and Dodge have been declared federal disaster areas.
- In Wisconsin, the counties of Crawford, La Crosse, Richland, Sauk and Vernon have been declared federal disaster areas.
- In Ohio, the counties of Allen, Crawford, Hancock, Putnam, Richland and Wyandot have been declared federal disaster areas.
- The FDIC is encouraging banks to work constructively with borrowers who are experiencing difficulties beyond their control because of damage caused by the storms and floods.
- 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 for banks in the affected areas.
FDIC-Supervised Banks (Commercial and Savings)
in Minnesota, Wisconsin and Ohio
Chief Executive Officer
Chief Lending Officer
Supervisory Practices Regarding Depository Institutions and Borrowers in Areas Affected by Severe Storms and Flooding in Minnesota, Wisconsin and Ohio
For Minnesota, Assistant Regional Director Mark S. Moylan
at (816) 234-9029 or MMoylan@fdic.gov
- For Wisconsin, Assistant Regional Director Javier S. Serna
at (312) 382-7520 or JSerna@fdic.gov
For Ohio, Assistant Regional Director Kirk L. Holt
at (312) 382-7592 or KHolt@fdic.gov
FIL-75-2007 - PDF (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-