* Financial Institution Letter - Notice of Proposal on FDIC Official Sign and Advertising Requirements, False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC's Name or ...

FDIC final Signage and False Advertising Rule will be effective April 1, 2024, with an extended full compliance date of January 1, 2025 Mindy Harris, Ronald Vaske Ballard Spahr LLP + Follow Contact ...

Starting in 2025, institutions insured by the FDIC will be required to display a black and navy blue sign on all websites and apps, brick-and-mortar bank locations and certain ATMs.

The final rule, approved by the FDIC Board in December 2023, will update the FDIC’s sign and advertising requirements for insured depository institutions to reflect modern banking practices.

Sheila Bair, who led the FDIC during the 2008 financial crisis when a number of major banks collapsed, blasted the idea of eliminating the FDIC as a “REALLY BAD idea” in a post on X.

CDs are FDIC insured up to $250,000 per person, per bank. Find out how to ensure you'll get full FDIC insurance coverage when investing your money in a CD.

The FDIC insurance limit on CDs is $250,000 per depositor, per insured bank, per account ownership category. If you have multiple CDs with the same bank, the insurance coverage will not exceed ...

On Monday, May 1, the FDIC recommended that the U.S. rethink its decades-old policy of insuring up to $250,000 in bank deposits and replace it with an overhaul that would allow regulators to cover ...

“FDIC has a perfect record of protecting insured deposits for over 90 years,” Bair said in her post. “Changing the guarantor would create confusion among depositors who are comforted by the ...