Banks was recently signed to an exclusive worldwide contract as a spokesmodel for the beauty company and its brands.
The new television ad features Banks alongside longtime L'Oreal Paris spokeswomen Beyonce Knowles and Eva Longoria Parker.
The commercial features the three L'Oreal Paris representatives talking about the brand's new True Match Super-Blendable Compact Makeup SPF 17.
Banks has starred in the films "W," "Zack and Miri Make a Porno," "Role Models" and "Meet Dave."
Celebrity Families of 2014 [PHOTOS]