WASHINGTON, Nov. 28 -- Office of the Comptroller of the Currency has issued a notice called: Request for Information Regarding Community Banks' Engagement With Core Service Providers and Other Essential Third-Party Service Providers.
The notice was published in the Federal Register on Nov. 28 by Jonathan V. Gould, Comptroller of the Currency.
Summary: The OCC is issuing a request for information (RFI) on community bank engagement with their core service providers and other essential third-party service providers. The RFI seeks to better understand how challenges community banks face with such service providers affect these banks' abilities to remain competitive in a rapidly evolving marketplace, as well as what actions the OCC can take to...