Regulatory Alerts2025-06-02 | FIL-17-2025Added · Updated
Supervisory Relief to Help Financial Institutions and Facilitate Recovery in Areas of Missouri Affected by Severe Storms, Straight-line Winds, Tornadoes, and Wildfires
The Federal Deposit Insurance Corporation (FDIC) has issued supervisory relief to assist Missouri financial institutions and borrowers affected by severe storms, straight-line winds, tornadoes, and wildfires. The agency encourages prudent loan restructuring, offers favorable Community Reinvestment Act consideration for disaster-related investments, and grants flexibility on filing, publishing, and consumer rescission requirements. Institutions in designated Missouri counties may delay income reports, expedite temporary facility approvals via telephone notice, and adjust loan terms without regulatory criticism.
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