FFIEC Interagency Statement on Pandemic Planning
The Federal Financial Institutions Examination Council (FFIEC) has recently updated its guidance identifying actions that financial institutions should take to minimize the potential adverse effects of a pandemic. We hope this information is helpful to your institution in your continuity of operations preparations.
The guidance by the FFIEC is available at:
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The Great Seal of Arkansas
The State Bank Department was created by Act 113 of 1913. The Department is charged with regulating commercial banks with main offices in Arkansas. These 76 banks hold assets of over $112.6 billion as of March 31, 2020. The Department also is charged with supervising the bank holding companies of Arkansas state-chartered banks; state-chartered trust companies; regional and county industrial development corporations; industrial loan institutions; and capital development companies. The Department operates to ensure the safety and soundness of, and public confidence in, these institutions and organizations.