We're doing some print ads that feature customers & why they like our bank (customers signed appropriate releases).
(1) One of the ads features a customer who is also a Board member. Do we need to disclose that he's a Board member? Or, do we not need to disclose?
(2) In this same Board member ad, it mentions that the bank helped him with his financial needs, that include a mortgage loan, deposit account, HELOC, etc. Is this OK to disclose these relationships?
Thanks.