The Office of the Comptroller of the Currency is allowing banks to close branches along the Gulf Coast as a potential hurricane nears.

The agency said in a statement Thursday that its decision applies to branches “directly affected by the extreme weather” from Tropical Storm Harvey. The storm, which is largely expected to become a hurricane, is forecast to make landfall on the Texas coast late Friday.

Shuttered offices “should make every effort to reopen as quickly as possible,” the OCC added.

Allison Prang

Allison Prang

Allison Prang is a reporter for American Banker, where she writes about community banks.