Webinar for Bank Officers, Employees, and Other Stakeholders on FDIC Official Signs and Advertising, Misrepresentations of Insured Status, and Misuse of FDIC’s Name or Logo
On October 16, 2024, the FDIC will host the third of four webinars to be held in 2024 for bank staff, bank officers, and other stakeholders on the FDIC’s final rule governing use of Official Signs and Advertising Statement, Misrepresentations of Insured Status, and Misuse of FDIC’s Name or Logo (final rule). This third webinar, to be held via Microsoft (MS) Teams, will offer an overview of the new final rule that amended Part 328 of the FDIC’s regulations to reflect how depositors do business with banks today, including through digital and mobile channels. The final rule is also intended to help consumers understand when they are interacting with an FDIC-insured bank and when their funds are protected by the FDIC’s deposit insurance coverage. The first webinar was held on May 30, 2024 and the second webinar was held on July 31, 2024.
The rule became effective on April 1, 2024, and has a compliance date of January 1, 2025. The sessions are ideal for bank employees and other Part 328 stakeholders looking for further information and guidance on the new final rule.
HOST:
Federal Deposit Insurance Corporation (FDIC)
WHAT:
The FDIC will host the third of four seminars on the final rule governing FDIC Official Signs and Advertising, Misrepresentations of Insured Status, and Misuse of FDIC’s Name or Logo (final rule) for bank officers, staff, and other stakeholders.
During the presentation on the final rule, FDIC staff will cover the:
- Requirements regarding all FDIC-insured institutions’ use of FDIC official signs, including a new FDIC official digital sign for bank websites, apps, and ATMs, as well as updates to the advertising statement.
- Clarifications on the prohibitions against misrepresentations regarding deposit insurance coverage and misuse of the FDIC’s name and logo, which apply to any person, including banks and non-bank entities.
FDIC staff will also discuss some of the questions that have been raised by bankers, trade associations, technology companies, vendors, and others.
AUDIENCE:
Bank officers, staff, and other stakeholders.
DATE:
Each webinar will last up to 90 minutes, during which FDIC staff will take your questions via live chat.
TIME:
All seminars will be held from 2:00-3:30 pm Eastern Time
HOW:
Each webinar will be hosted via MS Teams
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