FDIC Seeks Information on How to Modernize Signage and Advertising Requirements — 2020-02-19

New standards considered to reflect developments in banking, prevent fraud, avoid consumer confusion WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced that it is seeking the public's input on potential modernization of its signage and advertising requirements to better reflect how banks and savings associations currently operate and how consumers use banking services. Banks are transforming their business models to take deposits via physical branches, digital, and mobile banking channels. Given the changes in the marketplace since the FDIC last significantly updated these rules in 2006, the FDIC is gathering public input from a broad range of stakeholders about how it might revise and clarify its official sign and advertising rules to reflect the changes and support the industry's efforts to understand, apply, and comply with the FDIC's rules. Comments to FDIC's Request for Information (PDF) must be received by March 19, 2020.