"Member FDIC" Posting Requirements on the Web
Andy Zavoina, BOL Guru Guru Bio
QUESTION: If a bank posts their jobs on their website, does each position have to include "MEMBER FDIC"? I can't find an exception to this in FDIC's section 328. I've noticed other bank's ads in the paper don't include this.
ANSWER: The spirit of 328 and "Member FDIC" is that it is required when advertising a deposit product. A job posting won't require this. This is reinforced in FIL 79-98 which addresses where Member FDIC has to be on an Internet site.
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