1. Short title This Act may be cited as the Bank Service Company Examination Coordination Act of 2023 . 2. Bank Service Company Act improvements The Bank Service Company Act ( 12 U.S.C. 1861 et seq. ) is amended— (1) in section 1(b) ( 12 U.S.C. 1861(b) )— (A) by redesignating paragraphs (2) through (9) as paragraphs (3) through (10), respectively; and (B) by inserting after paragraph (1) the following: (2) the term State banking agency has the meaning given the term State bank supervisor in section 3 of the Federal Deposit Insurance Act ( 12 U.S.C. 1813 ); ; (2) in section 5(a) ( 12 U.S.C. 1865(a) ), by inserting , in consultation with the State banking agency, after agency ; and (3) in section 7 ( 12 U.S.C. 1867 )— (A) in subsection (a)— (i) in the first sentence, by inserting or State banking agency after agency ; and (ii) in the second sentence, by inserting or State banking agency before that ; (B) in subsection (c)— (i) in the matter preceding paragraph (1), by inserting or a State banking agency after banking agency ; and (ii) by striking such agency each place such term appears and inserting such Federal or State agency ; (C) by redesignating subsection (d) as subsection (f)