Program Overview

The FDIC has finally issued their final rule regarding modernizing the FDIC signage requirements at digital locations where insured deposits may be received. The rules apply to websites, apps, social media, and any other digital presence where deposits may be received. The new signage must be in place by the beginning of 2025. Do you understand all the new requirements, and are the changes in place?

There are distinct requirements for your bank’s home page, as well as where deposits may be received digitally, such as on your website or app. The rule also incorporates provisions regarding Nondeposit Investment Products (or NDIP) that date back to 1995. It must be very clear which types of deposits are insured and which ones are not. We’ll go into detail, and provide examples, of how these new displays must look.

In this webinar we’ll go over in detail what the rules require so you can make an honest assessment of your bank’s digital signage, and make sure you’re prepared for the beginning of the year. We’ll provide a lot of examples as well so you can see what the new disclosures must look like.

What You Will Learn

• New digital FDIC signage requirement,
• Difference between where deposits are taken vs. homepage and where your bank is mentioned,
• Differences between physical vs. digital presence,
• Incorporation of the requirements for non-insured products,
• Displays on your bank’s homepage and apps,
• Interplay between the signage requirement and the official advertising statement, AND
• Examples and Q&As.

Who Should Attend?

Branch Managers, Customer Service Staff, Personal Bankers, Call Center Staff, Compliance Officers, Auditors

Anyone in a position need to accurately convey FDIC requirements to customers