Federal Deposit Insurance Corporations news and trends

FDIC to Banks: Work With Borrowers Impacted by Hurricane Milton

October 15, 2024
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FDIC to Banks: Work With Borrowers Impacted by Hurricane Milton

October 15, 2024
Federal regulators are encouraging banks and financial institutions to work with borrowers impacted by Hurricane Milton. The Federal Deposit Insurance Corp. (FDIC) and other agencies and regulators issued an advisory Tuesday (Oct. 15) encouraging financial institutions in areas affected by the storm to work with customers in those areas. “Prudent efforts to adjust or alter […]