Hurricanes Katrina and Rita

Federal Reserve Board Updates

• Federal financial regulators announce release of Lessons Learned from Hurricane Katrina: Preparing Your Institution for a Catastrophic Event
  June 15, 2006 - Press release

• CRA consideration for community development activities in hurricanes Rita and Katrina disaster areas
  February 24, 2006 - CA 06-5

• Interagency supervisory guidance for institutions affected by Hurricane Katrina
  February 3, 2006 - SR Letter 06-3

• Federal bank and thrift regulatory agencies announce banking forum in New Orleans
  February 3, 2006 - Press release

• Federal financial regulators announce public service campaign to help hurricane victims
  January 13, 2006 - Press release

• Questions and answers for financial institutions in response to hurricanes Katrina and Rita
  December 5, 2005 - SR Letter 05-24 (Supersedes SR Letter 05-20)

• Waiver of the appraisal regulation for regulated institutions affected by hurricanes Katrina and Rita
  October 11, 2005 - SR Letter 05-18

• Waiver of appraisal requirements for financial institutions affected by hurricanes Katrina and Rita
  October 6, 2005 - Press release

• Agencies announce orders exempting bank transfer agents affected by Hurricane Katrina
  September 28, 2005 - Press release

• Katrina related marketing practices invoking the name of the Federal Reserve
  September 22 - SR Letter 06-17

• Governor Olson before the House Subcommittee on Financial Institutions and Consumer Credit
  September 22, 2005 - Testimony

• Governor Olson on business trends and management challenges for the banking industry
  September 16, 2005 - Speech

• Supervisory practices regarding banking organizations and consumers affected by Hurricane Katrina
  September 15, 2005 - SR Letter 05-16/CA Letter 05-6

• FAQs for financial institutions on the Bank Secrecy Act and Hurricane Katrina victims
  September 2, 2005 - SR Letter 05-15

• Insured depository institutions encouraged to assist customers displaced by Hurricane Katrina
  September 1, 2005 - Press Release

For Consumers

Federal Reserve Bank of Atlanta

• Community development organizations

FDIC

• Information for consumers and bankers in the affected areas

FTC

• Protection from fraud and scams

SEC

• Investor information

For Financial Institutions

Federal Reserve Bank of Atlanta

• Financial institutions

Federal Reserve Bank of Dallas

• Financial institutions

FDIC

• Information for consumers and bankers in the affected areas

FFIEC

• Agencies encourage insured depository institutions to help meet the critical financial needs of their customers and their communities affected by Hurricane Katrina, November 30, 2005

• FFIEC agencies announce additional guidance for financial institutions in response to hurricanes Katrina and Rita, October 6, 2005.

• FFIEC forms working group to address financial industry issues after Hurricane Katrina, September 19, 2005.

• Frequently asked questions
  (Regularly updated)

• Guidance for financial institutions

U.S. Treasury

• IRS publication for hurricane victims (January 24, 2006)

• Flexibility in cashing government checks

• Guidance on cashing FEMA Disaster Assistance checks and government benefit checks issued by the U.S. Treasury

• Request to waive ATM surcharges for Katrina evacuees