FDIC board meeting tomorrow on budget, signage

The FDIC scheduled a board meeting for 2 p.m. (Eastern time) tomorrow, Dec. 20.

Details: The board will consider the proposed 2024 FDIC operating budget and a final rule on the FDIC’s official sign, official advertising statement, deposit insurance misrepresentations, and misuse of the agency’s name or logo.

Background: The FDIC last year proposed requiring the use of signs that differentiate insured deposits from non-deposit products, provide for a new digital version of the official FDIC sign, and clarify agency regulations on information that might be misleading and confuse consumers.