SR 26-7: Joint Statement on Community Banks' Engagement with Core Service Providers

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
WASHINGTON, D.C. 20551
DIVISION OF SUPERVISION
AND REGULATION
SR 26-7
October 5, 2026
TO THE OFFICER IN CHARGE OF SUPERVISION
AT EACH FEDERAL RESERVE BANK
SUBJECT: Joint Statement on Community Banks’ Engagement with Core Service Providers Applicability: This guidance generally applies to the Federal Reserve’s supervision of core technology service providers that support community banking organizations (CBOs). The Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (collectively, the agencies) have issued the attached Joint Statement on Community Banks’ Engagement with Core Service Providers (joint statement). The joint statement discusses factors the agencies will consider when making supervisory allocation decisions relevant to core providers who provide services to CBOs. The joint statement also highlights that the agencies may initiate appropriate supervisory and enforcement actions pursuant to their statutory authorities. Reserve Banks are asked to distribute this SR letter to Federal Reserve-supervised institutions in their districts as well as to supervisory and examination staff. In addition, questions may be sent via the Board’s public website.1 David M. Cook Deputy Director Division of Supervision and Regulation Attachment

• Joint Statement on Community Banks’ Engagement with Core Service Providers (See
  also the Board’s September 11, 2026, press release.)
  1 See http://www.federalreserve.gov/apps/contactus/feedback.aspx.