The Federal Deposit Insurance Corporation (FDIC) has announced supervisory relief for institutions it supervises in areas of Indiana affected by severe storms, tornadoes and flooding. The measures encourage assistance to borrowers and provide flexibility for disrupted banking operations following damage from August 11 to August 24, 2026. A federal disaster declaration covered selected affected areas on August 25, 2026. Institutions are encouraged to extend repayment terms, restructure existing loans or ease terms on new loans where consistent with sound banking practices. The FDIC will not criticize prudent adjustments to existing loans. Community development loans, investments and services that revitalize or stabilize federally designated disaster areas may receive favorable Community Reinvestment Act consideration when those areas fall within an institution’s assessment areas or the states or regions containing them. Affected institutions should report expected delays in filing Reports of Income and Condition or other reports, with acceptable delays assessed against circumstances beyond their control. Relief will also be considered for difficulties meeting publishing and other requirements for branch closings, relocations and temporary facilities. Requests to operate temporary banking facilities will receive expedited handling where offices are damaged or more convenient access to services is needed. An initial telephone notice will generally suffice, with written notification permitted later.

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