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The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects the funds depositors place in banks and savings associations. The regulation contained in 12 CFR 328 describes the official sign of the FDIC and prescribes its use by federally insured banks. It also prescribes the official advertising statement insured banks must include in their advertisements. This course will discuss the rules of Section 328. This course also discusses the rules for non-deposit investment products as it relates to signage and other notifications.
This course covers the new rules which were effective April 1, 2024. It does not cover existing rules that may still be utilized until January 1, 2025. This course is intended for compliance and marketing personnel as well as employees who take deposits from customers and sell non-deposit investment products.
Learning Objectives:
Course Outline:
Rev–Apr. 2024. Course length ≈ 15 minutes. This course is worth 0.25 CPE credit.