Hurricane & disaster information

FCA encourages Farm Credit System institutions to work with borrowers affected by pandemics, hurricanes, and other natural disasters. System institutions have considerable flexibility under FCA regulations to provide disaster relief to borrowers. For example, they may

• extend the terms of loan repayments,
• restructure borrowers’ debt obligations, or
• ease some loan documentation or credit-extension terms for new loans to certain borrowers.

The agency recognizes that disasters may also impair the ability of institutions to comply in a timely way with regulatory or reporting requirements. Contact Mike Duffy, FCA’s chief examiner and the director of the Office of Examination, at 703-883-4265 if your institution needs relief from these requirements. You may also email COOPReport@fca.gov to notify us if your institution implements its business continuity plan due to any pandemics, hurricanes, and other natural disasters.

For more information, see the board policy statement Disaster Relief Efforts by Farm Credit Institutions (Word), which took effect in July 2011.

FCA information for banks and associations

• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by wildfires in New Mexico, Southwest (PDF); May 17, 2022
• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by recent tornadoes (PDF); Dec. 17, 2021
• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by natural disasters (PDF); Sept. 4, 2020
• News release: Farm Credit Administration responds to COVID-19 pandemic (PDF); March 20, 2020
• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by COVID-19 (PDF); March 17, 2020
• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by flooding in the Midwest (PDF); March 27, 2019
• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by Hurricane Florence (PDF); Sept. 27, 2018
• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by fires in Northern California (PDF); Oct. 25, 2017
• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by Hurricane Irma (PDF); Sept. 7, 2017
• News release: FCA encourages Farm Credit System institutions to work with borrowers affected by Hurricane Harvey (PDF); Aug. 29, 2017
• Flood disaster protection

FCA information for Farm Credit System borrowers

• Visit your lender’s website for branch availability in affected areas. Search Farm Credit System lender locator for branch office locations and websites.
• Borrower rights