Federal Register 3/18/19: FDIC has stated that it is rescinding and removing its regulation - Disclosure of Financial and Other Information. Since the regulation is being removed effective April 17, 2019, does this mean that we no longer have to have the disclosure in our lobby? Makes sense but I am still little hesitant. Plus, I am in the process of ordering new signs and do not want to pay for a sign that is not needed.

See FIL-14-2019:

"Although the FDIC's final rule rescinding and removing Part 350 will not take effect until April 17, 2019, state nonmember banks and insured state-licensed branches of foreign banks need not prepare, and make available to the public, disclosure statements containing financial data for 2018 and 2017."

https://www.fdic.gov/news/news/financial/2019/fil19014.html

Makes sense, since the requirements of Part 350 have been outdated by technology for a while. The only reason the FDIC didn't make the regulation effective on publication is that it almost always provides 30 days lead time.

Just to be sure - the OCC requirement is still in place, correct? (12 CFR 18.7b)

Never mind - It appears I missed the memo that the OCC rescinded, too!

"Finally, because regulations similar to part 350 have been rescinded by the FRB and the OCC (as well as the former OTS), the preparation and availability of annual disclosure statements are no longer required by the other federal banking agencies for the institutions under their supervision."

Does anyone know *when* the OCC requirement was rescinded?

The OCC rescinded their rules in 2017. https://www.govinfo.gov/content/pkg/FR-2017-01-23/pdf/2016-30502.pdf