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Member FDIC Required on Privacy Disclosures?
Answer by David Dickinson, BOL Guru
Guru Bios
Question: If our bank logo is printed on our privacy disclosures, is the "member FDIC" statement required to be present as well?
Answer: A disclosure is not an advertisement. Therefore, you do not need "member FDIC" on your privacy disclosure.
First published on BankersOnline.com 4/21/08
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