Summary: |
The FDIC has announced a series of
steps intended to provide regulatory relief to financial institutions and facilitate
recovery in areas of Colorado affected by wildfires.
Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised financial institutions. |
Highlights:
Continuation of FIL-34-2013
Suggested Distribution:
Suggested Routing:
Note:
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Financial
Institution Letters
FIL-34-2013 July 31, 2013 |
Supervisory Practices Regarding Depository Institutions and Borrowers
Affected by Wildfires in Areas of Colorado
The Federal Deposit Insurance Corporation (FDIC) recognizes the serious impact
of wildfires on customers and operations of financial institutions in certain
areas of Colorado and will provide regulatory assistance to institutions subject
to its supervision. These initiatives will provide regulatory relief and
facilitate recovery. The FDIC encourages depository institutions in the affected
areas to meet the financial services needs of their communities.
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Additional Related Topics:
- Lending
- Investments
- Publishing Requirements
- Consumer Laws