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The Federal Financial
Institutions Examination
Council (FFIEC) member
agencies (regulatory agencies)1
and the Conference of
State Bank Supervisors are
relaying comments made by
financial institutions regarding
lessons they learned from the
effects of Hurricane Katrina.
Financial institutions have
responded admirably to the
unique challenges raised by
successive hurricane seasons
with significant storms. Major
challenges faced by these
institutions included the
following:
• Communications outages
made it difficult to locate
missing personnel.
• Access to and reliable
transportation into restricted
areas were not always
available.
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