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#1297355 - 12/02/09 07:32 PM Checking Statements
dg Offline
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Joined: Jan 2005
Posts: 811
Pacific NW
Do you have to have the FDIC logo on your customer checking statements?

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#1298593 - 12/03/09 11:03 PM Re: Checking Statements dg
Steve Doty Offline
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Joined: Mar 2007
Posts: 137
Nebraska
The statements would be exempt, refer to [Section 328.3(d)]

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#1299661 - 12/06/09 03:03 PM Re: Checking Statements Steve Doty
Andy_Z Offline
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Andy_Z
Joined: Oct 2000
Posts: 27,750
On the Net
These are exempt when the customer already has that account, such as a checking account. But if were cross selling a different type of account, the indication of insurance should be there.
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#1309825 - 12/18/09 11:54 PM Re: Checking Statements Andy_Z
dg Offline
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Joined: Jan 2005
Posts: 811
Pacific NW
ArroeHead: Are you referring to section 328.3(d).2 to be specific. I just want to site this to our supplier.

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#1310194 - 12/21/09 04:47 PM Re: Checking Statements dg
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
If your bank does statement message promotions of non-deposit products, you don't want the FDIC logo or "Member FDIC" on your statement stock. But if you often promote other deposit products in statement messages, you need "Member FDIC" either pre-printed on the statement stock or included as part of the marketing message.
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