FDIC Seminars on Final Rule Regarding Use of FDIC Sign and Advertising Statement

The Federal Deposit Insurance Corporation (FDIC) announced it will host four seminars on the final rule governing use of FDIC’s Official Signs and Advertising Statement, Misrepresentations of Insured Status, and Misuse of FDIC’s Name or Logo for bank staff, bank officers, and other stakeholders.

During the presentation, FDIC staff will cover: (a) requirements for all FDIC-insured institutions’ use of FDIC official signs, including the new FDIC official digital sign for bank websites, apps, and ATMs, as well as updates to the advertising statement; and (b) clarifications on the prohibitions against misrepresentations of deposit insurance coverage and misuse of the FDIC’s name and logo, which apply to any person, including banks. FDIC staff will also discuss some of the questions that have been raised by bankers, trade associations, technology companies, vendors, and others.

The first seminar will be held via Microsoft (MS) Teams on May 30, 2024. The dates for the remaining three seminars will be announced at a later date. Each seminar will last approximately 90 minutes and all seminars will be held from 2:00-3:30pm ET.

To join the May 30th Seminar MS Teams Live Event, click on the MS Teams Live Event link within FDIC’s seminar series announcement: https://www.fdic.gov/resources/deposit-insurance/banker-webinar/index.html