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Agencies Issue Statement on Community Bank Engagement with Core Service Providers. The OCC, Federal Reserve, and FDIC have issued a joint statement on community bank core service providers. The statement identifies core providers’ business and contract practices that could trigger more frequent or more stringent examinations of the providers, such as opaque pricing and “back billing,” deconversion fees, and excessive limitations on integrating unaffiliated service providers. Read the announcement, joint statement, and OCC Bulletin 2026-47.
September 14, 2026
Agencies Expand Community Bank Eligibility for 18-Month Exam Cycle. The OCC, Federal Reserve, and FDIC have issued an interim final rule expanding eligibility for an eighteen-month exam cycle by raising the asset threshold to $6 billion (from $3 billion) for well-capitalized, qualifying banks, consistent with the 21st Century ROAD to Housing Act. The interim final rule is effective on publication in the Federal Register. Read the announcement, interim final rule, OCC Bulletin 2026-45, and FDIC FIL-57-2026.
September 14, 2026
Agencies Seek Feedback on Proposed Third-Party Risk Management Guidance. The OCC, Federal Reserve, FDIC, and NCUA have requested comments on proposed guidance that would replace its 2023 Guidance with a more risk-based approach tailored to individual third-party relationships. The Federal Reserve also has proposed companion guidance for the “traditional community banking organizations” with less than $30 billion in assets. Read the announcement, interagency proposed guidance, Federal Reserve proposed guidance, OCC Bulletin 2025-46, and FDIC FIL-58-2026.
September 14, 2026
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