Common Contracts

Sponsorship Agreement for‌‌

May 28th, 2024

• Filed
  May 28th, 2024

This Sponsorship Agreement should be used by a depository institution ("Sponsoring Depository Institution") to sponsor an organization ("Sponsored Party") to test a service or software product in a Reserve Bank testing environment via an Electronic Connection (as defined in the Federal Reserve Banks’ Operating Circular No. 5) (“FRFS Testing”). This Sponsorship Agreement also should be used to sponsor a Sponsored Party to receive certain documentation related to a financial service offered by the Federal Reserve Banks under Operating Circulars 2, 3, 4, 5, 6, 7, 8, and 12, including their appendixes (each, a “Federal Reserve Financial Service”) so that the Sponsored Party may develop or implement a service or software product for the Sponsoring Depository Institution.