Regulatory Alerts2025-06-02 | FIL-15-2025Supervisory Relief to Help Financial Institutions and Facilitate Recovery in Areas of Arkansas Affected by Severe Storms, Tornadoes, and Flooding
The Federal Deposit Insurance Corporation (FDIC) has granted regulatory relief to supervised financial institutions across sixteen Arkansas counties to support recovery from severe storms, tornadoes, and flooding. The agency encourages prudent loan restructuring and extended repayment terms while offering favorable Community Reinvestment Act consideration, flexible filing deadlines, and expedited approvals for temporary banking facilities. Institutions may also rely on modified consumer rescission periods and case-by-case evaluation of reporting delays to maintain operations during the disaster recovery period.
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