TYLER, Texas — April 20, 2026 — Zil Money is publicly sharing details of a broad set of corrective actions and compliance enhancements completed in 2024 in response to issues previously identified by the Federal Deposit Insurance Corporation regarding legacy website content on a former web property.
Following receipt of the FDIC’s notice, Zil Money conducted a root-cause review, removed the identified content, and implemented strengthened governance across its public-facing marketing, website, and social media channels. The company also engaged an external law firm to conduct an external review of its websites, related systems, disclosures, and compliance measures. Based on that review, the corrective actions taken by Zil Money were assessed as appropriately designed to support ongoing compliance with respect to the issues identified in the FDIC correspondence.
The review found that certain legacy content could have been read to imply that Zil Money was an FDIC-insured depository institution or that it directly provided FDIC insurance. Zil Money is a financial technology company, not a bank or an FDIC member. Banking services are offered through partnerships with FDIC-member banks, and FDIC insurance is provided by these banks, not Zil Money itself. To address this issue directly, Zil Money updated disclosures across its digital properties to more clearly identify its role and the role of its partner banks.
As part of its response, Zil Money determined that the content at issue had been created by a freelance content creator and published without legal or compliance review. That relationship was terminated. The company then introduced a formal content approval framework designed to strengthen regulatory oversight for all future public-facing communications.
Under the new framework, all public content is subject to review by legal and compliance personnel before publication, followed by a post-publication verification process to confirm that approved language appears as intended. Zil Money also established mandatory training for personnel involved in content creation, recordkeeping requirements for approvals and revisions, and an escalation process for the immediate correction or removal of content that may create regulatory concern.
In parallel, Zil Money adopted updated content guidelines requiring clear disclosures that the company is a financial technology company and not a bank, while also requiring that marketing language be accurate, substantiated, and not misleading as to products, services, or benefits. The company further committed to periodic policy reviews to reflect changes in regulatory requirements, business operations, and industry standards.
The remediation effort extended across Zil Money’s digital footprint. According to the company’s internal remediation records, updates were made to 195 landing pages, 840 blog posts, and 18 social media profiles. Prominent disclosures were added across the company’s websites, including zilmoney.com, zil.us, and onlinecheckwriter.com, as well as on key social media platforms.
The external review concluded that Zil Money has adopted policies and procedures appropriately designed to support compliance in future content publication and has taken meaningful steps across its sites and systems to clarify that the company is not itself a bank and does not directly provide FDIC insurance. FDIC insurance is provided by its partner banks. These actions reflect a broader commitment to transparency, accuracy, and responsible communication across all customer-facing channels.
Zil Money stated that the corrective actions are part of an ongoing effort to strengthen compliance controls while maintaining clear communication about its products and banking partnerships.
Conclusion
Zil Money’s response to the FDIC matter included immediate remediation, enhanced disclosures, formalized review controls, staff training, documented oversight, and external review by experienced legal counsel. Together, these steps mark a substantial strengthening of the company’s compliance infrastructure and public communications practices.
For additional information about Zil Money, visit zilmoney.com.
