Regulatory Alerts2025-11-06 | FIL-50-2025Added · Updated
Supervisory Relief to Help Financial Institutions and Facilitate Recovery for the Leech Lake Band of Ojibwe of the Leech Lake Indian Reservation in Minnesota Affected by Severe Storms and Straight-line Winds
The FDIC has issued supervisory relief for supervised financial institutions to facilitate recovery in Minnesota’s Leech Lake Indian Reservation following severe storms and straight-line winds. The agency encourages prudent loan restructuring, term adjustments, and community development investments without regulatory criticism while granting favorable Community Reinvestment Act consideration for affected activities. Institutions may also request delayed filing and publishing deadlines or expedited approval for temporary banking facilities through the Kansas City Regional Office.
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