The Federal Deposit Insurance Corp. on Friday urged banks to make credit available for rebuilding the storm-ravaged Northeast.

The FDIC said banks under its jurisdiction may extend loan repayment terms and take other steps to help customers in Maine, New Hampshire, Vermont, and New York who face temporary financial binds caused by recent ice storms and related damage.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.