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#2225092 - 11/04/19 10:56 PM Member FDIC
ckme Offline
100 Club
ckme
Joined: Sep 2002
Posts: 243
Do we need to have the Member FDIC sign on our lenders desks? They originate and fund loans, perform draws, etc. They may take a deposit slip to the teller for their customer. They do not sell insurance.
Last edited by ckme; 11/04/19 10:57 PM. Reason: 11/4/19
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Lending Compliance
#2225095 - 11/05/19 12:22 AM Re: Member FDIC ckme
TomS Offline
Gold Star
Joined: Jan 2004
Posts: 315
USA
By "take a deposit slip" I assume you mean that the lender will accept a deposit from a customer and bring it to a teller for processing? If that's the case I would display the Member FDIC sign.
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