FDIC's New Advertising and Signage Rule

The Federal Deposit Insurance Corporation (FDIC) recently amended rules governing the use of FDIC signage, advertising statements, and insurance coverage misrepresentation. This article provides a comprehensive analysis of the changes to Subpart B of 12 CFR Part 328 and includes clarification of coverage for non-deposit products and the inapplicability of FDIC insurance coverage for financial products such as crypto assets.

Read now »

Related Content                                                 

• Federal Deposit Insurance Corporation
  Explore the role of the FDIC and its functions in the U.S. financial regulatory system. This practice note provides an overview of the FDIC and its role as an insurer of deposits for banks and savings associations, as examiner and supervisor of state-chartered institutions that are not members of the Federal Reserve System, and in managing receiverships of failed insured institutions.

• Federal Deposit Insurance Corporation's Role after Failure of an Insured Depository Institution
  Access this practice note for a discussion of the FDIC’s role in the event of an insured depository institution’s failure. The note discusses the receivership function and the closing process of the FDIC.

• Depository Institution Organization and Formation State Law Survey
  Understand the key requirements for the organization and formation of state-chartered depository institutions in this state law survey.

• Crypto Coverage After FTX Fall: Crime and Custody Coverage
  Read this Law360 article exploring the FDIC’s prohibition from representing that an uninsured product is FDIC insured. The article provides key analysis on the potential cryptocurrency exposure and the applicability of FDIC and traditional insurance policies.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.                        

• Trends & Insights provides the latest in news articles and insights documents on trending areas for financial service organizations.
• Financial Services Regulations Fundamentals Resource Kit and Virtual Currency, Bitcoin, and Cryptocurrency Resource Kit provide links to practice notes, checklists, articles, and guidance on key issues, laws, and regulations applicable to in-house lawyers and counsel advising on bank capital.
• For related Practical Guidance content on important recent trends, please review these easy-to-use Resource Kits on a variety of emerging topics:
  • Generative Artificial Intelligence (AI) Resource Kit
  • Environmental, Social, and Governance (ESG) Resource Kit
  • Bank Failure Resource Kit

• Read the new edition of the Practical Guidance Journal for insights on Generative AI cautions and benefits, new trends in private lending, environmental law considerations, and market intelligence analysis.
• Check out our Practical Guidance Author Center! Learn about the 1750+ leading attorney authors contributing to our 26 practice areas, and find out how you can Become a Practical Guidance Author. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content. 
• Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19, and more.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+