What Changed

Three banking organisations have come out from under formal supervisory agreements with their federal regulator, after the Federal Reserve Board announced the termination of the enforcement actions listed below. The announcement was headlined as the termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.. Both terminations carry the same date of September 2, 2026.

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Fed Ends Enforcement Actions at Three US Banking Firms

Highlights

  • The Federal Reserve Board announced the termination of the enforcement actions listed below.
  • United Texas Bank, of Dallas, Texas, was subject to a Cease and Desist Order dated August 29, 2024.
  • That order against United Texas Bank was terminated on September 2, 2026.
  • Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp. were subject to a Written Agreement dated July 5, 2023.
  • That Written Agreement was terminated on September 2, 2026.
  • The press release carrying the announcement was published on September 04, 2026.

Who Is Affected

The first of the two matters concerns United Texas Bank, which is located in Dallas, Texas. The action against it was a Cease and Desist Order, the more formal of the two instrument types named in the announcement. That order dated from August 29, 2024, so it had been in force for roughly two years before it was lifted.

The second matter covers two related entities, Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp., both located in Astoria, New York. Those two companies were subject to a Written Agreement rather than an order. It was entered into on July 5, 2023 and was terminated on September 2, 2026.

What To Watch Next

If you follow the supervisory record of US banking firms when choosing where to hold money, the primary document here is the press release published on September 04, 2026. It carries a release time of 11:00 a.m. EDT and a last update date of September 04, 2026. Readers who want to take a question directly to the source can reach the Federal Reserve Board's media line on 202-452-2955 or by email at [email protected].

One caveat is worth keeping in view when reading any of the above. Each of these details rests on a single source rather than on corroboration from several.