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September 4th 2026, 3:00 PM

Fed Terminates Enforcement Actions with United Texas Bank, Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp.

Fed Terminates Enforcement Actions with United Texas Bank, Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp.

Key Summary

The Federal Reserve Board has announced the termination of enforcement actions against United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp., effective September 2, 2026, following a review of their compliance with regulatory requirements.

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Enforcement Actions Terminated

The Federal Reserve Board has announced the termination of the enforcement actions listed below:

United Texas Bank

Cease and Desist Order dated August 29, 2024 Terminated September 2, 2026

Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp.

Written Agreement dated July 5, 2023 Terminated September 2, 2026

Additional Enforcement Actions

Additional enforcement actions can be searched for here.
#US#FederalReserve#RegulatoryEnforcement

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