OCC Allows Closure of Certain Financial Institutions Affected by Wildfires in California

Federal Issues OCC Disaster Relief Consumer Finance

The OCC issued a proclamation on December 7 allowing national banks and federal savings associations affected by wildfires in California to close. The OCC encouraged the affected offices to make every effort to reopen as quickly as possible and to consult OCC Bulletin 2012-28 for guidance on certain actions the institutions should consider implementing for customers in affected disaster areas, previously covered by InfoBytes here.