“Our hearts go out to the communities affected by the wildfires in Los Angeles. The situation surrounding these catastrophic fires continues to change rapidly. Banks are actively assessing risk to their offices, their employees, and the communities they serve and are taking decisive action when necessary.
Banks have robust business continuity plans that anticipate various disaster scenarios and will deploy accordingly. Banking regulators have authorized banks to close offices and to reopen when it is safe to do so.
Banks stand ready to support their customers and communities through this difficult moment and they will be an active participant in recovery efforts. Bankers will focus on the needs of their communities resulting from this disaster and we expect they will be communicating the ways in which they will assist and provide relief to impacted customers. In addition, we encourage customers affected by the wildfires to contact their bank to discuss their individual situation.”