Requirements for the official advertising statement.

CFR · 2024-01-01 · US · Title 12

(a) Each insured credit union must include the official advertising statement, prescribed in paragraph (b) of this section, in all of its advertisements, including on its main internet page, except as provided in paragraph (c) of this section. (b)(1) The official advertising statement is in substance one of the following: (i) This credit union is federally insured by the National Credit Union Administration; (ii) Federally insured by NCUA; (iii) Insured by NCUA; or (iv) A reproduction of the official sign as described in § 740.4(b) may be used in lieu of the other statements included in this section. If the official sign is used as the official advertising statement, an insured credit union may alter the font size to ensure its legibility as provided in § 740.4(b)(2). (2) The official advertising statement must be in a size and print that is clearly legible and may be no smaller than the smallest font size used in other portions of the advertisement intended to convey information to the consumer. (c) The following advertisements need not include the official advertising statement: (1) Credit union supplies such as stationery (except when used for circular letters), envelopes, deposit slips, checks, drafts, signature cards, account passbooks, and noninsurable certificates; (2) Signs or plates in the credit union office or attached to the building or buildings in which the offices are located; (3) Listings in directories; (4) Advertisements not setting forth the name of the ins

official document · source cfr-2024 · id 12:§ 740.5