Another Delay to the FDIC Rule Changes

On March 3, 2025, the FDIC further delayed the compliance date for certain portions of its December 2023 Final Rule related to sign and advertising requirements. 

Specifically, the requirements for ATMs and digital deposit-taking channels will now have a mandatory compliance date of March 1, 2026.  The FDIC also indicated that it will be reviewing concerns related to both implementation and customer confusion and will likely propose changes to these requirements.

Institutions are still required to comply with the other changes found in Subpart A by May 1, 2025.  These include:

• 328.3: Signs within an institution’s premises and offering of non-deposit products within institution premises;
• 328.6: Official advertising statement requirements;
• 328.7: Prohibition against receiving deposits at same teller station or window as noninsured institution; and,
• 328.8: Policies and procedures.

In light of this delay, the required policies and procedures do not need to address sign requirements for ATMs or digital deposit-taking channels until March 1, 2026. 

Also, keep in mind, compliance with the changes to Subpart B (False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC’s Name or Logo) was mandatory back on January 1, 2025.

Published
2025/03/05