FDIC Logo Required on Information Letter?

Answered by:

Question:

We are mailing a two-page letter to our customers. The first page is to inform them of upcoming changes to how customers will log on to our Internet banking. The second page is tips on preventing identity theft. Is it required that we display the FDIC logo on this letter? The FDIC logo is however, on the envelope that contains the letter.

Answer:

There is no requirement to place the FDIC logo on your stationery and if the letter you are sending is not a direct or indirect advertisement for an insured deposit product, there is no requirements to have it in the letter.

[Editor's note: A bank never has to use the FDIC logo on advertising. It can use the membership statement, which is often shortened to "Member FDIC" when the FDIC's rules require it. As Randy points out, it's not required for the use asked about.

First published on BankersOnline.com 4/22/13