On December 20, 2023 the FDIC approved and issued a final rule regarding changes to 12 CFR 328: rules for the use of FDIC Official Signs and Advertising Requirements, False Advertising, Misrepresentations of Insured Status, and Misuse of the FDIC’s Name or Logo.
The updated rules are effective April 1, 2024, with a mandatory compliance date of January 1, 2025.
The new rule implements changes to in-branch signage rules, implements new digital signage for websites, mobile apps, and ATMs where deposits are taken, requirements for non-deposit product disclosures across physical and non-physical (digital) channels and requires institutions to establish and maintain written policies and procedures addressing compliance with part 328.
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