{"id":"AGY-FED-FINANCIAL-006","kind":"context","level":"federal","jurisdiction":"United States; Federal Deposit Insurance Corporation (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"Federal Deposit Insurance Corporation","authority":"12 U.S.C. § 1819(a) Tenth","instrument":"Frequently Asked Questions for Financial Institutions Affected by the Coronavirus Disease 2019 (transmitted by FIL-18-2020, updated through 2020)","title":"Frequently Asked Questions for Financial Institutions Affected by the Coronavirus Disease 2019 (Referred to as COVID-19)","dateIssued":"2020-03-13","effective":"2020-03-13 (updated periodically through 2020)","end":"Not rescinded within the period","startDate":"2020-03-13","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["CLOSE","OTHER"],"addressees":["FDIC-supervised institutions"],"clause":"[Are institutions required] to file applications for temporary office closures? No. The FDIC does not require an application to temporarily close a facility due to staffing challenges or to take precautionary measures. For example, some institutions may wish to limit foot traffic within a branch and provide services only through the drive-through lanes.","enforcement":"Supervisory FAQ; 12 U.S.C. § 1818","functions":["BR branches and lobbies (closure; drive-through only)","AT drive-up","ML mortgage lending (appraisal and evaluation flexibility)","SV servicing (TDR treatment)","OP reporting"],"notes":"The FDIC\u0027s own description of the lobby-closure and drive-through-only operating model that State stay-home orders produced; also addresses CRA credit for branch closures and alternative delivery systems","sourceUrl":"https://www.fdic.gov/coronavirus/faq-fi.pdf","snapshot":"","fileExists":true,"fileBytes":486687,"grade":"primary","character":"context","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-006","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-006","citation":"Federal Deposit Insurance Corporation, Frequently Asked Questions for Financial Institutions Affected by the Coronavirus Disease 2019 (transmitted by FIL-18-2020, updated through 2020) (Mar. 13, 2020) (Ex. AGY-FED-FINANCIAL-006)","stateName":"","related":["AGY-ST-INSURANCE-BANKING-068","AGY-FED-FINANCIAL-005"]}