The federal Office of the Comptroller of the Currency today issued a proclamation allowing national bank offices affected by the wildfires in southern California to close at their discretion.
In issuing the proclamation, Timothy Long, Senior Deputy Comptroller for Mid-Size/Community Bank Supervision, said he expects that only those bank offices directly affected by the wildfires will close.
Those offices should make every effort to reopen as quickly as possible to address the banking needs of their customers, he added.
Related Links:
Proclamation (http://www.occ.gov/ftp/release/2007-115a.pdf)
Was this article valuable?
Here are more articles you may enjoy.
Almost All Top US Companies Had Board Diversity Rules. Now Most Are Gone
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk?
Lindberg’s Right-Hand Man Sentenced to Two Years After Cooperating With Prosecutors
Jury Finds No Gun Defect, Sides With Sig Sauer in Unintended Discharge Case 

