The U.S. Supreme Court docket shows that Custodia Bank filed its reply on October 28, 2026, as it seeks to overturn the denial of access to a Federal Reserve master account. The case, No. 26-62, remains at the petition stage rather than proceeding to full Supreme Court review, and the petition has been distributed for the justices’ November 13 conference.

Custodia’s Supreme Court Case Remains at the Petition Stage

Custodia has filed its reply, but the Supreme Court has not yet agreed to hear the case. The official docket identifies the matter as Custodia Bank, Inc. v. Federal Reserve Board of Governors, et al., No. 26-62, and records that Custodia submitted its reply on October 28, 2026.

The same docket entry shows that the petition was distributed for the Court’s November 13, 2026 conference. In practical terms, the certiorari briefing cycle has reached the stage at which the justices can decide whether to take up the case. It does not mean the dispute has advanced to merits briefing or oral argument.

Dispute Centers on Fed Discretion Over Master Accounts

The dispute turns on whether Custodia, as an eligible depository institution, can compel access to Federal Reserve payment services, or whether a regional Reserve Bank may still refuse it. SCOTUSblog’s case page frames the question as whether the Monetary Control Act’s use of “shall” requires the Fed to provide services to legally eligible nonmember institutions, or whether regional Reserve Banks retain discretion to deny master accounts.

The Supreme Court docket also shows that the respondents include more than one Fed entity. The Federal Reserve Bank of Kansas City and the Federal Reserve Board of Governors each filed separate opposition briefs on October 13, 2026. That is relevant because the case tests both the denial itself and the scope of federal discretion over admission to the Fed’s payment system.

What Happens After the November 13 Conference

The next formal step is the justices’ November 13 conference, now listed on the docket. At that stage, the Court may consider whether to grant or deny the petition. The current docket contains no indication that review has already been granted.

If the Court denies certiorari, the lower-court ruling will stand. If it grants certiorari, the case would later move into full Supreme Court merits proceedings. The docket lists October 31, 2025 as the date of the lower-court decision and states that rehearing was denied on March 13, 2026, setting the dispute on its path to the Court’s current screening stage.