The Federal Reserve Board announced on September 4, 2026, the termination of enforcement actions against three financial institutions. The termination of the orders took effect on September 2, 2026.
The first action terminated was a Cease and Desist Order issued to United Texas Bank, located in Dallas, Texas. The order was originally dated August 29, 2024, and has now been terminated.
The second termination involves two entities: Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp., both based in Astoria, New York. The Federal Reserve terminated a Written Agreement that was dated July 5, 2023.
These terminations mark the conclusion of the regulatory oversight periods for these specific institutions. The Federal Reserve notes that additional enforcement actions can be searched for on their official website.
