Don't panic. Your banking information isn't lost. What most likely is causing problems for people in the affected area is not a loss of financial or banking data, but the loss of the telephone and communications infrastructure, ... Once telephone service becomes restored to more and more areas, and once the affected banks manage to get their own verification systems back online, the situation should improve.
More Quotes from David Barr:
The industry is making very good progress. The number of institutions (whose readiness) is unsatisfactory continues to decline.David Barr
We're not overly concerned. There is still time for them to get their houses together and we are monitoring them closely.
David Barr
We will need to find a new chairman and secretary and I would like to extend my appreciation to both of them for all their hard work over the years.
David Barr
We expect banks to perform a risk analysis, and, based on that risk analysis, provide an extra layer of security by the end of the year.
David Barr
Unfortunately, banks located in the most heavily storm-damaged areas might not be able to open or restore online services for some time. That applies especially to small banks and thrifts without a regional or national network. If this applies to you, ... you really should contact one of the emergency service organizations, such as FEMA or the Red Cross , and request assistance.
David Barr
We strongly disagree with the ruling. It's not supported by the facts of the case.
David Barr
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