Payments choice and infrastructure continue to evolve, potentially affecting how the Federal Reserve supports the safety and efficiency of our payment system. The Board of Governors of the Federal Reserve System has issued a request for information on questions related to the current use and future of Federal Reserve Financial Services Check Services.
The Federal Reserve Banks have been important providers of check services, processing millions of checks deposited by financial institutions every day. The Federal Reserve recognizes that changes to its Check Services could affect a range of stakeholders, including individuals, businesses, banks, processors and check service providers.
Read the announcement (Off-site)
This is not a request for a comment on a proposed action. Comments are due by March 9, 2026. For more information, review the Board’s press release (Off-site).
