The FDIC has issued a revised list of Q&As concerning the agency’s new rule governing the use of the agency’s official sign.

The Q&As are a collection of the most frequently asked questions from stakeholders. The FDIC released its first list of Q&As in July; the agency’s said it will update them, as needed.

The final rule was issued in December 2023. It amends the existing rule governing the use of the official FDIC sign and advertising statements, as well as rules related to false advertising, misrepresentations regarding deposit insurance and misuse of the agency’s name and logo.

The final rule is intended to assist consumers in understanding when they are conducting business with an insured depository institution and when their funds are protected by the FDIC’s deposit insurance coverage.

The rule established a new black and navy Blue FDIC official digital sign. Beginning in 2025, banks will be required to display the sign near the name of the bank on all bank websites and mobile applications. Banks also will be required to display the FDIC logo on certain ATMs.

The rule became effective on April 1, 2024 and has a compliance date of January 1, 2025.

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