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If we use a lobby banner to advertise account bonuses, would we have to provide additional disclosures on the banner itself? – IBA Compliance Connection

IBA Compliance Connection

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If we use a lobby banner to advertise account bonuses, would we have to provide additional disclosures on the banner itself?

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Regulation DD states that indoors signs (“inside the premises of a depository institution”) are not subject to the additional disclosures ordinarily required when advertising a bonus. 12 CFR 1030.8(e)(2). Of course, you must ensure that the sign is not “misleading or inaccurate.” 12 CFR 1030.8(a).