Natural disasters

How banks are helping Texans cope with a 'nightmare'

02/22/21

From delivering water door to door to turning offices into shelters, bankers in the state have adapted their hurricane-response plans to offer customers and employees relief from the past week's snow emergency and power outages.

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Credit unions across Texas dig out after historic winter storm

02/19/21

A severe cold snap in the state has tested financial institutions unaccustomed to such weather-related disruption.

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Banks in Hurricane Laura's path hopeful their markets were spared worst

08/27/20

Branches in the Gulf Coast region largely avoided massive flooding. Now bankers must assess the impact on employees and customers.

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OCC to allow branch closures in areas hit by wildfires

08/24/20

The agency said national banks could close offices “at their discretion” as a safety precaution if they are affected by fires in California and Colorado.

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Senate bill would provide CDFIs $2B lifeline for emergencies

08/05/20

The account would complement the existing Community Development Financial Institutions Fund and could be replenished annually if banks and credit unions use the funds to help when natural disasters and other crises occur.

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Tennessee bankers start to assess tornado damage

03/04/20

Recovery from a massive storm that touched down near Nashville is in its early stages, but bankers are looking at fee waivers and increased access to cash for those who were affected.

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Damage report: Popular’s running toll of natural disasters

01/28/20

The largest bank in Puerto Rico said hundreds of millions of dollars of its mortgages and consumer loans are tied to the parts of the island hit by the recent quake or still recovering from two hurricanes.

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Dozens of lawmakers urge more flood insurance reforms

11/01/19

A group of 64 House lawmakers is pushing congressional leadership to incorporate premium caps and address a new methodology for assessing risk in flood insurance reform legislation.

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Bankers feel paralyzed in face of wildfires

10/29/19

Executives at banks in California say there's only so much they can do until the flames subside.

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Lawmakers unveil competing flood insurance bill

07/16/19

Members from states threatened by storms say their proposal is better for consumers than recent legislation passed by the House Financial Services Committee.

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