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#1452745 - 10/07/10 11:19 AM Advertising for insurance Agency
Soccer Offline
Diamond Poster
Joined: Jan 2010
Posts: 1,006
Utopia
We have an affiliate insurance agency and would like to put an advertisement for it on a express loan application that marketing has developed for business expo's ect. I've searched part 328 of FDIC and don't see that specifically addressed. Does anyone have any insite as to whether we could combine the two on one pamphlet?
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#1454006 - 10/12/10 02:23 PM Re: Advertising for insurance Agency Soccer
Rob K Offline
100 Club
Rob K
Joined: May 2003
Posts: 165
Tennessee
We are a national bank that occasionally releases joint advertising material mentioning our affiliates, an insurance agency and investment brokerage firm. The OCC has approved our joint advertisements, which must contain appropriate disclaimer information to differentiate FDIC insured products from non-insured products. We use the following disclaimer at the bottom of any joint advertisements:

*Investment and insurance products are NOT FDIC INSURED, NOT A DEPOSIT, NOT BANK GUARANTEED, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY, AND MAY LOSE VALUE.
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Any comments, opinions, or views expressed are mine alone and do not necessarily represent the views of my employer.

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#1457411 - 10/20/10 05:33 PM Re: Advertising for insurance Agency Soccer
Soccer Offline
Diamond Poster
Joined: Jan 2010
Posts: 1,006
Utopia
Thanks
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#1457785 - 10/21/10 01:28 PM Re: Advertising for insurance Agency Soccer
BrendaC Offline
Power Poster
BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
OCC published some guidance back in 1994 when the initial NDIP guidance was issued. Look back to OCC 94-13. I think you'll find it helpful even if you aren't a national bank.
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#1461116 - 10/28/10 09:36 PM Re: Advertising for insurance Agency BrendaC
dcl1963 Offline
100 Club
Joined: Feb 2006
Posts: 177
LA
Do you have to disclose not, not, not, may if you list the name of an insurance or investment firm in your standard account brochures and not any specific NDIPs?
Example - Investment Accounts: Smith Financial, LLC.
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