FDIC-insured depository institutions must use a new official sign that replaces
the separate signs used by members of the Bank Insurance Fund and the Savings
Association Insurance Fund. The new sign informs depositors that they are
insured to at least $100,000, and includes a full faith and credit statement, as
well as the FDIC's Web site address.
The requirement to use the official advertising statement, "Member FDIC," has
been extended to savings associations.
The use of the official advertising statement is restricted in advertisements
involving non-deposit and hybrid products (e.g., sweep accounts).
Banks may procure the new official sign with black lettering and a gold
background from the FDIC at no charge. Information about how to obtain the signs
is available at www.fdic.gov/regulations/resources/signage.
All FDIC-insured depository institutions are expected to take the necessary
actions to be in full compliance with the provisions of the final rule by
November 13, 2007.
As permitted by the Federal Deposit Insurance Act, supervisory agencies can
assess a money penalty of up to $100 for each day that an institution violates
Chief Executive Officer
FDIC Part 328 – Advertisement of Membership
Final Rule: Advertisement
of Membership (71 FR 66098, November 13, 2006)
David Lafleur, Policy Analyst, at 202-898-6569 or email@example.com
FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies of FDIC financial institution letters may be obtained through the
FDIC's Public Information Center (1-877-275-3342 or 703-562-2200).