The Federal Emergency Management Agency estimates that the total cost to the National Flood Insurance Program following Hurricane Harvey could total as much as $11 billion.
Browsing: Hurricanes Harvey/Irma/Maria
As Hurricane Irma tore through Florida this weekend and continues to make its way through the Southeast, ABA President and CEO Rob Nichols pledged the association’s continued support to banks affected by the severe storms, flooding and high winds.
The House today voted on a legislative package that suspends the debt ceiling and funds the federal government through Dec. 8 and provides $15 billion in disaster relief for Hurricane Harvey victims.
As Hurricane Irma threatens Puerto Rico, the U.S. Virgin Islands and Florida in the coming days — and possibly the southeastern Atlantic coast by the beginning of next week — ABA is offering banks and state bankers associations several resources to help with incident response and crisis communications.
As it prepares to process an “extraordinary” number of disaster loans in the wake of Hurricane Harvey, the Small Business Administration is seeking professional commercial loan officers for a temporary assignment in processing loan applications.
Thanks to hard lessons from Hurricane Katrina, banks today are more resilient than ever.
An inside look at how one community bank is helping its neighbors—and itself—recover after Hurricane Harvey.
With cleanup efforts beginning to get underway and many communities still experiencing heavy flooding along the Gulf Coast in the wake of Hurricane Harvey, American Bankers Association SVP Doug Johnson discussed the status of the banking industry today on CNBC’s “Closing Bell.”
ABA President and CEO Rob Nichols today called on bankers to join ABA in supporting the response to Hurricane Harvey on the Gulf Coast and invited them to contribute to the Hurricane Harvey Relief Fund set up by the Texas Bankers Association and the Independent Bankers Association of Texas.
As Hurricane Harvey struck Texas’ Gulf Coast over the weekend, federal and state banking agencies issued a statement on Saturday providing relief for institutions affected by the storm.