An FDIC proposal to modernize its sign and advertising rules is welcome, but a less prescriptive approach would allow banks to more effectively communicate to customers which bank products are FDIC-insured and which are not, the ABA and the Bank Policy Institute said in a joint letter to the agency.
Digital signage is a tool the entire bank can use, for not only customer information but employee-specific messaging too.
Proposal modernizes rules for using official FDIC signs and advertising statements, clarifies deposit insurance coverage misrepresentations.
The FDIC today approved a final rule establishing a process by which the agency will identify and investigate any conduct involving the misuse of its name or logo.
When you multiply all the custom requirements across a multitude of platforms and vendors supporting bank marketing, the investment to display one logo is dizzying. Can disclosures be centralized instead?
Questions and answers from the July/August 2021 ABA Regulatory Policy and Compliance Inbox.
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