ABA Offers Resources to Help Banks Recover From Hurricane Florence

As banks in the southeastern United States begin to recover from Hurricane Florence, the American Bankers Association’s dedicated hurricane preparedness and response webpage offers bankers useful tools and resources to assist with the recovery process. The page provides links to announcements and alerts from public and private agencies, situational reports and analyses, state evacuation, re-entry and road status updates, links to state associations’ hurricane resources and other industry recovery resources for banks and consumers.

“It’s clear that Hurricane Florence and its remnants dealt a devastating blow to North Carolina and surrounding states,” ABA President and CEO Rob Nichols said today. “Our thoughts and prayers are with all those impacted by the storm and the first responders who have done a fantastic job under challenging conditions. I know that some of our member banks sustained serious damage, but are doing what they can to serve their customers and support their communities.”

Nichols added that ABA is closely coordinating with state bankers associations in the affected areas to determine the full effect of the storm on banks and their employees. “Overall, thanks to careful planning and preparation by bankers as well as local, state and federal officials, the banking system continues to function very well,” he said. “As more damage assessments come in, ABA stands ready to assist recovery efforts in any way we can.”


About Author

Monica C. Meinert is a senior editor at the ABA Banking Journal and VP for editorial strategy at the American Bankers Association, where she oversees ABA Daily Newsbytes.