April 16, 2018

FDIC: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of American Samoa Affected by Tropical Storm Gita

Summary:

The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of American Samoa affected by Tropical Storm Gita.

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-19-2018

Suggested Distribution:

  • FDIC-Supervised Banks (Commercial and Savings) in American Samoa.

Suggested Routing:

  • Chief Executive Officer
  • Compliance Officer
  • Chief Lending Officer

Related Topics:

  • Lending
  • Investments
  • Publishing Requirements
  • Consumer Laws
  • Community Reinvestment Act

Contact:

  • Assistant Regional Director Louis C.C. Cheng at (415) 808-8263 or LCheng@fdic.gov

Note:

FDIC Financial Institution Letters (FILs) may be accessed from the FDIC’s website at www.fdic.gov/news/news/financial/2018/.

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

Paper copies may be obtained through the FDIC’s Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).

Printable Format:

FIL-19-2018 – PDF (PDF Help)

This post was originally published here.