To All Depository Institutions and Others Concerned
in the Second Federal Reserve District:

The Federal Reserve Board said it is encouraging banking organizations to work with borrowers and other customers in communities affected by Hurricane Katrina.

Additionally, the Board reminded banking organizations that regulatory flexibility is available to facilitate recovery in areas affected by this disaster.

Board statement
Board guidance

John Gary Ricketti
Vice President
Risk Management
john.ricketti@ny.frb.org

Contact:
Public Affairs
(212) 720-6130
general.info@ny.frb.org