The Federal Home Loan Bank of Seattle (Seattle Bank) has developed plans for business continuity and disaster recovery to help ensure the bank’s safe and sound operation in the event of a disaster situation.
The Seattle Bank has two facilities dedicated to business continuity and disaster recovery. The first is a business resumption facility from which personnel can operate the essential functions of the bank in the event of a disaster or business interruption that renders its headquarters wholly or partially inaccessible or unusable. The second is a recovery data center, which houses business-critical applications and systems.
Recovery processes and back-up technology are tested periodically. Internal processes, both technical and non-technical, are updated as needed to reflect changes in the bank’s operations. In addition, the Seattle Bank has reciprocal agreements with other Federal Home Loan Banks to provide wire transfer services and advance processing if the Seattle Bank is unable to perform those functions.
In the event of a disaster, the Seattle Bank will send email to all members regarding any changes in contact information or procedures and will update its website to communicate important information regarding our status, available services, and contact information.