多宝游戏下载

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Regulatory Relief Steps to Help Rebuild Areas Affected by Hurricane Dennis

Disaster Relief
July 12, 2005


Summary: 多宝游戏下载 has announced a series of steps intended to facilitate the rebuilding process in areas damaged by Hurricane Dennis and severe storms.

Highlights:
  • Hurricane Dennis and associated storms have resulted in wind damage, heavy rainfall and flooding in the South.
  • The 多宝游戏下载 is encouraging banks to work constructively with borrowers who, because of the natural disaster, are experiencing difficulties beyond their control.
  • 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.

Distribution:
多宝游戏下载-Supervised Banks (Commercial and Savings) in Alabama, Florida, Georgia and Mississippi.

Suggested Routing:
Chief Executive Officer
Compliance Officer
Chief Lending Officer

Note:
多宝游戏下载 Financial Institution Letters (FILs) may be accessed from the 多宝游戏下载's Web site at www.fdic.gov/news/financial-institution-letters/2005/index.html .

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html .

Paper copies of 多宝游戏下载 FILs may be obtained through the 多宝游戏下载's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).

Additional Related Topics:

  • Lending
  • Publishing Requirements
  • Consumer Laws
FIL-62-2005
Attachment(s)
Supervisory Practices Regarding Depository Institutions and Borrowers Affected by Severe Storms
Contact(s)
Gale Simons-Poole, (678) 916-2200

Last Updated: July 12, 2005