Posted in: Social Media Compliance
Does your credit union or bank run online giveaways? Awesome. These contests and sweepstakes, and giveaways are a great way to get exposure, and to attract attention to your social media profiles. But, there are specific laws and regulations that govern these giveaways. And if you don’t have the right risk management in place, you […]
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Does your credit union or bank use social media? Does your bank or credit union have employees? If you answered yes to these two questions, then you need to have employee social media policies in order to mitigate risks and achieve social media compliance for credit unions or social media compliance for banks. As a […]
Continue ReadingPosted in: Social Media Compliance
Is your bank or credit union preserving social media content? What? No. What are you thinking? You may not be in compliance with the Community Reinvestment Act which can have a tremendously harsh impact on your need for social media compliance for banks or social media compliance for credit unions. As a social media attorney […]
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Does your bank or credit union promote credit loans or savings products on social media? If so, it’s a great way to get in front of potential customers and members and promote your financial products. But did you know that you have to comply with financial laws and regulations that govern credit and loan products, […]
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If your bank or credit union promotes real estate related products, you know you have to comply with the Fair Housing Act. Even on social media. The question is how can you achieve in social media compliance for banks or social media compliance for credit unions when it comes to the Fair Housing Act when […]
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If your bank or credit union uses social media, then you have to comply with the disclosure laws by including the official advertising sign like member FDIC or federally insured by the NCUA. As a social media lawyer that specializes in social media compliance for banks or social media compliance for credit unions, I’m here […]
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Does your bank or credit union use social media? If so, awesome! In today’s day and age, banks and credit unions need to use social media to promote their products, service and engage with their community. But there are serious financial laws and regulations that govern bank and credit union social media use. And if […]
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Facebook regulation is a hot topic in social media law in these days. Unless you have been living under a rock, Facebook has been your go-to social media source for posting pictures and connecting with your friends and family. And, if you are shaking your head thinking Nah, I’m an Instagram person, it shouldn’t surprise […]
Continue ReadingPosted in: Social Media Compliance
Social media comes with multiple social media risks. After settling with the Federal Trade Commission for $5 billion and making many promises to monitor the use of user data, Facebook is adding a tool that will allow you to see how the platform tracks your activity outside the highly coveted likes to be in social […]
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Social media gives businesses a way to connect with their target audiences. Companies, such as banks, need to include a sense of humanity in their brand or risk losing their credibility. Social media compliance for banks presents challenges, opportunities, and – unfortunately – social media risks. Benefits A social media presence can grow a bank’s […]
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