Fed Terminates Enforcement Actions at Three Firms

• The Cease and Desist Order against United Texas Bank, Dallas, Texas, was terminated on September 2, 2026.
• That order dated to August 29, 2024.
• The Written Agreement with Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp. was also terminated on September 2, 2026.
• The Quontic agreement was entered on July 5, 2023.
• The Board issued the release on September 04, 2026 at 11:00 a.m. EDT.

The Federal Reserve Board announced the termination of the enforcement actions listed below, according to a single report. The actions covered United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.. Both terminations took effect September 2, 2026.

Fed Terminates Enforcement Actions at Three Firms

United Texas Bank

The lifted action against United Texas Bank was a Cease and Desist Order. The bank is based in Dallas, Texas. The order carried a date of August 29, 2024.

Quontic Entities

The Quontic action was a Written Agreement covering Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp.. Quontic Bank Acquisition Corp. is located in Astoria, New York. Quontic Bank Holdings Corp. is also located in Astoria, New York.

That agreement was dated July 5, 2023. It was terminated on September 2, 2026.

Release Details

The press release carried a publication date of September 04, 2026. It was released at 11:00 a.m. EDT. The last update date was September 04, 2026.

The Federal Reserve Board lists 202-452-2955 for media inquiries. Media inquiries are directed to [email protected].