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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 Display Updates
We’ve wrapped up our work to satisfy requirements from the final rule from the Federal Deposit Insurance Corporation (FDIC) regarding logo display and designation of non-deposit products. This gives your institution plenty of time to make any needed configuration changes well ahead of the April 1, 2027 compliance date.
The result is three distinct features, all in various stages of rollout:
- The speed bump, now available to all institutions, lets you notify accountholders when they are leaving your app for any external application promoting or supporting non-deposit products.
- FDIC logo display is being added to login and related screens as of Banno Mobile version 3.39, slated to hit stores in October, and will begin appearing in Banno Online as well as JHA OpenAnywhere within the next week or so.
- Designation of non-deposit products is also rolling out in October. When available, you’ll be able to grant the
Manage deposit insurance displaypermission to the necessary groups, and then configure which account types are considered non-deposit. Account types designated as such will display the “Not FDIC insured; no bank guarantee; may lose value” disclosure on account detail views. By default, no account types will display a disclosure until your institution makes this change.
No support case is required; we’ll automatically roll all of these features out to applicable institutions.