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#317823 - 02/17/05 02:57 PM Member FDIC on Insurance Letters
M&M Offline
Platinum Poster
Joined: Nov 2003
Posts: 527
I received a proposed letter to review that communicates the availability of an insurance specialist to speak to our customers in the branches. This person would consult on and offer life insurance, long term care insurance and disability programs. I do not feel this should include "Member FDIC", however the guidelines published by the FDIC do not specifically address these items. Any thoughts?

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#317824 - 02/17/05 03:17 PM Re: Member FDIC on Insurance Letters
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 39,333
Cape Cod
I'd advise against including the FDIC reference. You are not promoting insured products, and there's always the possibility that your insurance specialist might mention an annuity.
John S. Burnett
Fighting for Compliance since 1976
Bankers' Threads User #8

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