FDIC - "Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Tennessee Affected by Severe Storms, Tornadoes, Straight-Line Winds and Flooding"

Title: Regulatory Relief: Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Tennessee Affected by Severe Storms, Tornadoes, Straight-Line Winds and Flooding Source: FDIC Data/Action: Financial Institution Letters Date: 4/28/2020 Text Preview: ...Storms, Tornadoes, Straight-Line Winds and Flooding Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Tennessee affected by severe storms, tornadoes, straight-line winds and flooding. Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter (FIL) applies to all FDIC-supervised financial institutions. Distribution: FDIC-Supervised Institutions in Tennessee Highlights:  Severe storms... ... 2020.  A federal disaster for selected areas affected in Tennessee was declared on April 24, 2020. Additional designations may be made after damage... ...loans, investments, and services in support of disaster recovery.  The FDIC also will consider regulatory relief from certain filing and publishing...