Supervisory relief help financial institutions and 12
CNMI Storm: Bank Loan Relief
🚨 Alert — what to do now
The FDIC has issued supervisory relief and guidance for financial institutions affected by Super Typhoon Bavi in the Northern Mariana Islands.
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Source quotes (4)
Applicability — “apply to all FDIC-supervised financial institutions”
Affected areas — “The affected areas in the Northern Mariana Islands include Rota Municipality”
FEMA Disaster Declaration — “declared a federal disaster for selected areas affected in the Northern Mariana Islands on August 3, 2026”
Lending relief — “will not criticize prudent efforts to adjust or alter terms on their existing loans”
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- ▸All FDIC-supervised financial institutions operating in or serving affected areas
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