FYI - The FDIC, the OCC, and the NCUA do not have a requirement that financial institutions change third-party vendors on a periodic basis. Any such decision is a management decision not a regulatory decision. Refer to http://www.yennik.com/fdic_10-18-16_rotation_letter.pdf, http://www.yennik.com/ncua_12-21-16_rotation_letter.pdf, and at http://www.yennik.com/occ_10-12-16_rotation_letter.pdf.
