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 July 31, 2024, FDIC staff will host the second of four webinars to be held in 2024 for bank staff, bank officers, and other stakeholders. This second webinar, to be held via Microsoft (MS) Teams, will cover compliance and implementation topics regarding the FDIC’s final rule governing use of FDIC Official Signs and Advertising Statements, Misrepresentations of Insured Status, and Misuse of the FDIC’s Name or Logo. The first webinar was held on May 30, 2024.
The FDIC amended its regulations governing use of the official FDIC sign and advertisement statements to reflect how depositors do business with banks today, including through digital and mobile channels. The rule also clarified the FDIC’s regulations on misrepresentations of deposit insurance coverage. The final rule is 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 rule became effective on April 1, 2024, and has a compliance date of January 1, 2025. The webinars are ideal for bank employees and other Part 328 stakeholders looking for further information and guidance for implementation of the new final rule.
PRESENTATION SLIDE DECK from May 30th BANKER SEMINAR:
FDIC Official Signs and Advertising Requirements, False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC’s Name or Logo
HOST:
Federal Deposit Insurance Corporation (FDIC)
WHAT:
The FDIC will host the second of four webinars on the final rule governing FDIC Official Signs and Advertising Statements, 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 compliance topics that stakeholders may find useful as they develop plans and engage in efforts to implement the final rule’s requirements.
FDIC staff will also discuss questions that have been raised by bankers, trade associations, technology companies, vendors, and others since the final rule was issued.
AUDIENCE:
Bank officers, staff, and other stakeholders.
DATE:
Each webinar will last up to approximately 90 minutes, during which FDIC staff will take your questions via live chat.
- July 31st Webinar (To join the seminar, click on the MS Teams Live Event)
TIME:
All sessions will begin at 2:00pm Eastern Time