- Severe storms, tornadoes and flooding have caused significant property damage to areas of Iowa and Nebraska.
- In Iowa, the counties of Adams, Benton, Black Hawk, Bremer, Buchanan, Butler, Cerro Gordo, Delaware, Fayette, Floyd, Hardin, Johnson, Linn, Marion, Page, Story, Tama, and Union have been declared federal disaster areas. Individuals and households in these counties may be eligible for federal assistance.
- In Nebraska, the counties of Gage, Johnson, Morrill, Nemaha, and Pawnee have been declared federal disaster areas. Individuals and households in these counties may be eligible for federal assistance.
- The FDIC is encouraging financial institutions to work constructively with borrowers who are experiencing difficulties beyond their control because of damage caused by these disasters.
- Extending repayment terms, restructuring existing loans or easing terms for new loans, if done in a manner consistent with sound banking practices, can contribute to the health of the community and serve the long-term interests of the lending institution.
- The FDIC will also consider regulatory relief from certain filing and publishing requirements for banks in the affected areas.
FDIC-Supervised Banks (Commercial and Savings)
in Iowa and Nebraska
Chief Executive Officer
Chief Lending Officer
Supervisory Practices Regarding
Depository Institutions and Borrowers Affected by
Severe Storms and Tornadoes in Iowa and
Assistant Regional Director Kurt R. Hagedorn at
(816) 234-8161 or firstname.lastname@example.org
FIL-49-2008 - PDF (PDF Help)
FDIC financial institution letters (FILs) may be
accessed from the FDIC's Web site at
To receive FILs electronically, please visit
Paper copies of FDIC financial institution letters
may be obtained through the FDIC's Public
Information Center, 3501 Fairfax Drive, E-1002,
Arlington, VA 22226 (1-877-275-3342 or 703-562-