- A federal disaster was declared on August 29, 2008, for Louisiana and selected counties in Texas.
- A federal disaster was declared on August 30, 2008, for all counties in Alabama and Mississippi.
- The FDIC is encouraging banks to work constructively with borrowers who are experiencing difficulties beyond their control because of damage caused by the hurricane.
- 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.
- Bankers and consumers who have questions related to the hurricane may call the FDIC toll- free at 1-877-ASK-FDIC, which is 1-877-275- 3342.
FDIC-Supervised Banks (Commercial and Savings)
in Alabama, Mississippi, Louisiana and Texas
Chief Executive Officer
Chief Lending Officer
Katrina Guidance (http://www.ffiec.gov/katrina.htm
Supervisory Practices Regarding Depository
Institutions and Borrowers in Areas Affected by
Hurricane Gustav in Alabama, Mississippi,
Louisiana and Texas
For Alabama, Assistant Regional Director David
Crumby at (678) 916-2173 or firstname.lastname@example.org.
For Mississippi, Louisiana and Texas, Assistant
Regional Director Wayne Nichols at (901) 821-
5203 or email@example.com.
FIL-87-2008 - PDF (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 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-