Tag Archives: disaster preparedness

ABA Donates $100K to NCBA Hurricane Relief Fund

ABA announced today that it will donate $100,000 dollars to a Hurricane Florence relief fund created by the North Carolina Bankers Association. ABA will also match donations made by ABA employees. The fund will assist bank employees and their families affected by the storm and the historic flooding that followed. In 2017, ABA made similar donations after hurricanes Harvey, Irma and ...

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Fed Study: Credit Key to Small Business Recovery after Disasters

Amid a record-setting wave of disaster losses in 2017 -- including from Hurricanes Harvey, Irma and Maria, plus wildfires in the West -- small businesses’ insurance gaps meant that credit availability was a key factor in their ability to recover, according to a report today from the Federal Reserve Banks of New York, Dallas, Richmond and San Francisco.

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