The Federal Deposit Insurance Corporation (FDIC) has announced supervisory relief for institutions it supervises in areas of Hawaii affected by the May 22, 2026, earthquake, including Hawaii County. The measures support assistance to borrowers and community recovery, alongside flexibility on regulatory requirements and expedited requests for temporary banking facilities.
Banks may extend repayment terms, restructure existing loans or ease terms for new loans consistent with sound banking practices. Prudent adjustments to existing loans will not draw supervisory criticism. Institutions should evaluate each loan modification under applicable accounting standards to determine whether it involves a borrower experiencing financial difficulty. Community development loans, investments and services that revitalize or stabilize federally designated disaster areas may qualify for Community Reinvestment Act consideration where those areas fall within the institution’s assessment areas or the states or regions containing them.
Institutions expecting delays in filing Reports of Income and Condition or other reports should notify the FDIC’s San Francisco Regional Office. Causes beyond an institution’s control will inform the acceptable length of a delay. Relief from publishing and other requirements associated with branch closings, relocations and temporary facilities will also be considered where disaster damage impedes compliance. Requests for temporary banking facilities will be expedited for institutions with damaged offices or seeking to make services more accessible.