Statements
see what’s new with our products
A Message From Our Team
Happy October! 🎃 Fall into our latest batch of updates designed to make managing your financial institution even smoother. This month, we're excited to highlight new features for the Banno Support app case queue, seamless browser-based key generation for developers, the launch of our new Origination Pilot & Beta Hub for lending and deposits, and so much more. Dive in below to see what's new!
FDIC Delays Compliance Date for Required Display Updates
For those of you watching the coming FDIC compliance date, which was previously set for May 1, 2025, rest assured that we’re watching it very closely as well. Like you, on March 3, we read the FDIC Board of Directors Approves Delay of Compliance Date For Certain Provisions in Sign and Advertising Rule press release, which states that the FDIC has delayed the compliance date for “requirements related to the display of the FDIC’s official sign on insured depository institutions’ (IDIs) digital channels” to March 1, 2026, and “plans to use the additional time to propose adjustments to the regulation.”
In light of this delay and the FDIC’s plan to propose adjustments to the regulations, we will also evaluate our approach – including the now-stricken rollout plans we had published here in the February Statement before learning of the delayed compliance date.
Please stay tuned to future editions of the Statement, as we will include additional FDIC compliance updates as we solidify new plans.