Summary: | The FDIC is providing flexibility in the administration of regulatory requirements for brokered deposit waivers, main office and branch relocations, and appraisals for institutions affected by Hurricanes Katrina and Rita. |
Highlights:
For institutions affected by Hurricanes Katrina and Rita, the FDIC is providing relief in the administration of the following regulations:
For additional information about the listed regulations, please communicate with the contact person for your state. Continuation of FIL-101-2005
Distribution:
Suggested Routing:
FDIC Call Center
877-ASKFDIC
Note:
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Financial
Institution Letters
FIL-101-2005 October 7, 2005 |
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Regulatory
Relief
The Federal Deposit Insurance Corporation (FDIC) is providing flexibility in the administration of the requirements in the FDIC’s Rules and Regulations for brokered deposit waivers (Section 303.243), main office and branch relocations (Section 303.45), and the appraisal requirements in Part 323 for institutions affected by Hurricanes Katrina and Rita.
Brokered Deposit Waivers for Adequately
Capitalized Institutions
Main Office and Branch Relocations
Appraisal Regulations
For additional information about the listed regulations, please communicate with the contact person for your state.
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Additional Related Topics:
- Main Office and Branch Relocations
- Real Estate Appraisals