The Federal Deposit Insurance Corporation announced supervisory and regulatory relief to support FDIC-supervised institutions and recovery in Wisconsin areas affected by severe storms, tornadoes and flooding from April 13 to April 23, 2026. Following the June 30 federal disaster declaration for selected areas, the FDIC encouraged institutions to work constructively with affected borrowers and confirmed that it will not criticize prudent loan modifications consistent with safe and sound banking practices. Eligible disaster recovery activities may also receive favorable Community Reinvestment Act consideration. Institutions expecting reporting delays should notify the FDIC’s Chicago Regional Office, which will assess circumstances beyond their control. The agency will consider relief from certain publishing requirements and expedite requests for temporary banking facilities where offices are damaged or service access is constrained. Institutions must assess individual loan modifications under the applicable accounting standards based on each borrower’s circumstances.
Federal Deposit Insurance Corporation2026-07-27
Federal Deposit Insurance Corporation provides regulatory relief for Wisconsin institutions affected by severe storms, tornadoes and flooding
The Federal Deposit Insurance Corporation is providing regulatory relief to supervised institutions in Wisconsin areas affected by severe storms, tornadoes and flooding. It supports prudent assistance for borrowers, potential Community Reinvestment Act credit for recovery activities, flexibility for certain reporting and publishing requirements, and expedited temporary banking facility requests.