FDIC, OCC announce relief for banks affected by Hurricane Helene

The FDIC announced regulatory relief to facilitate recovery in areas of Florida, Georgia, North Carolina, and South Carolina affected by Hurricane Helene. The FDIC also published a disaster webpage with more information for banks that are affected.

OCC Actions: In separate announcements last week, the OCC allowed national banks and federal savings associations in North Carolina, South Carolina, and Virginia and Alabama, Florida, Georgia, and Tennessee to close due to the hurricane.