Office Thrift Supervision Director William Henley discusses impact of California wildfires and implications for disaster recovery planning. Henley: “In looking at it in hindsight, or now that the biggest threat is behind us, Id say that the thrifts responded very well. In this post-911, post-Katrina world, business continuity planning is a responsibility most financial institutions take very seriously,” Henley says. OTS urges associations in the wildfire affected areas to consider waiving charges for late payments and penalties for early withdrawal of savings.”]