The Federal Deposit Insurance Corporation has announced supervisory relief for FDIC-supervised financial institutions affected by severe storms and flooding in the San Carlos Apache Indian Reservation, aiming to support local recovery and maintain banking services. The agency is encouraging banks to work constructively with borrowers facing disaster-related hardship and said it will not criticize prudent efforts to extend repayment terms, restructure existing loans or ease terms on new loans when those actions are consistent with safe and sound banking practices. The measures also include potential Community Reinvestment Act consideration for community development loans, investments and services that support disaster recovery, as well as possible relief from certain filing and publishing requirements where disaster-related disruption causes delays. Institutions in affected areas should notify the San Francisco Regional Office if they expect delays in regulatory reports, and the office will expedite requests to operate temporary banking facilities where offices have been damaged or where added service access is needed. The FDIC also pointed to existing Regulation Z flexibility that can allow consumers with principal dwelling-secured loans to waive or modify the three-day rescission period in a bona fide personal financial emergency. Severe storms and flooding caused significant property damage from October 10, 2025, to October 13, 2025. The Federal Emergency Management Agency declared a federal disaster for selected areas of the San Carlos Apache Indian Reservation on May 29, 2026, and may make additional designations after damage assessments are completed.

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