FDIC Seeks Input on How to Modernize Sign and Advertising Requirements for Banks — 2021-04-09
New standards considered to reflect how banks are transforming their business models WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced…
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New standards considered to reflect how banks are transforming their business models WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced that it is again seeking the public’s input on potential modernization of its sign and advertising requirements to better reflect how banks and savings associations operate and how consumers use banking services. On February 19, 2020, the FDIC published a notice in the Federal Register soliciting public input regarding potential changes to its official sign and advertising rules. However, given the challenges associated with the COVID-19 pandemic, the agency temporarily postponed this effort on April 16, 2020. As banks continue to innovate, the FDIC is renewing its effort to revise and clarify its official sign and advertising rules related to FDIC deposit insurance. Read the FDIC’s Request for Information.
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