ABA’s hurricane response
WASHINGTON, DC – In late October, the American Bankers Association (ABA) announced the creation of a Joint Preparedness Task Force in alliance with the state bankers associations to help financial institutions recover from the series of hurricanes that have hit the US, and also to help formulate future business continuity plans.
Plans for the task force include investigating and documenting best practices exhibited by banks in the aftermath of recent hurricanes as well as other emergencies. Its goal is to produce materials that will help bankers as they review and update their disaster recovery and business continuity plans. The group also will outline a co-ordinated emergency plan for the ABA and state associations so
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