The Office of the Comptroller of the Currency (OCC) issued a
proclamation allowing national banks and federal savings associations
affected by wildfires in California to close.
In issuing the proclamation, the OCC
expects that only those bank offices directly affected by the extreme
emergency conditions to close.
Those offices should make every effort to
reopen as quickly as possible to address the banking needs of their
customers. OCC Bulletin 2012-28 “Supervisory Guidance on Natural Disasters and
Other Emergency Conditions” provides guidance on actions bankers could
consider implementing when their bank or savings association operates or
has customers in areas affected by a natural disaster or other
emergency.
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