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Since we are changing from a national charter to an Illinois charter, are there any signage requirements unique to Illinois that we should know about? – IBA Compliance Connection

IBA Compliance Connection

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Since we are changing from a national charter to an Illinois charter, are there any signage requirements unique to Illinois that we should know about?

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Generally, Illinois laws and regulations do not have any requirements or prohibitions as to bank signage, although the Illinois Banking Act has a general rule against unsafe and unsound practices that prohibits banks from using confusing, deceptive, or misleading bank signs. 205 ILCS 5/48(8). Also, various Illinois laws may require some additional signs, such as notices of bank holidays to be posted in branch lobbies (the Illinois Promissory Note and Bank Holiday Act).