Fed Lifts Enforcement Orders on United Texas Bank, Quontic Bank Units
The Federal Reserve Board announced on September 4, 2026, that it has terminated enforcement actions against three institutions: United Texas Bank of Dallas, Texas, and Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp., both of Astoria, New York. The termination took effect September 2, 2026, and closes out formal supervisory orders that had been in place for roughly one to three years.
What was terminated
United Texas Bank had been operating under a Cease and Desist Order dated August 29, 2024. Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp. had been under a Written Agreement dated July 5, 2023. The Federal Reserve Board’s September 4, 2026, release does not describe the underlying conduct that led to either action, only that both have now been terminated as of September 2, 2026.
Enforcement actions like cease and desist orders and written agreements are tools the Fed uses to require banks and their holding companies to fix specific problems identified during supervisory review. Termination means the Fed has determined the institution has satisfied the requirements of the order and no longer needs to operate under it.
Who this affects
United Texas Bank is a state-chartered bank based in Dallas. Quontic Bank Acquisition Corp. and Quontic Bank Holdings Corp. are the holding companies tied to Quontic Bank, based in Astoria, New York. Customers with deposit accounts, loans, or other banking relationships at these institutions are the most directly affected group, along with shareholders of the holding companies.
For most depositors, an enforcement action being lifted is not something that changes day-to-day banking. Accounts, debit cards, and loan terms continue to operate under the same federal deposit insurance protections that applied before and during the enforcement period. The Fed’s release does not indicate any change to deposit insurance status, account access, or product terms at either bank.
Why enforcement orders get issued and lifted
The Federal Reserve issues cease and desist orders and written agreements when it identifies deficiencies during bank examinations, often related to compliance, risk management, or operational practices. Institutions under such orders typically work through a remediation plan with their supervisor. Termination signals that the Fed’s examiners concluded the required corrective steps have been completed to the Board’s satisfaction. The September 4, 2026, announcement does not specify what triggered either the 2024 order against United Texas Bank or the 2023 agreement involving the Quontic entities, nor does it detail what remediation steps were taken.
What a customer can actually check
Readers who bank with United Texas Bank or Quontic Bank, or who hold shares in Quontic’s holding companies, can look up the full history of these actions and other enforcement matters through the Federal Reserve’s public enforcement action search tool, referenced in the Federal Reserve’s press release. That search allows anyone to look up whether a specific bank or bank holding company currently has an active enforcement action, or has had one terminated, by name.
- Search the Federal Reserve’s enforcement actions database directly for a bank’s name if considering opening an account or holding company shares.
- Check whether an order was a Cease and Desist Order or a Written Agreement, since these carry different legal weight and are issued for different levels of concern.
- Note the termination date against the original order date to see how long the institution operated under supervisory conditions.
What this does not tell readers
The press release is a notice of termination only. It does not include examination findings, financial condition details, or any statement from either bank about the underlying issues. It also does not indicate whether either institution faces any other open supervisory matters with the Fed or other regulators such as the FDIC or state banking authorities. Depositors seeking a fuller picture of an institution’s financial health would need to look beyond this single notice, including at the bank’s own public disclosures or other regulatory filings.
Anyone with an account at United Texas Bank or Quontic Bank who wants to confirm current standing can search the Federal Reserve’s enforcement actions database by institution name to see the full record, including this termination and any other actions on file.
This is a News-lane report. It was drafted automatically from the linked primary source and published after automated checks that every figure appears in that source. It is summarised regulatory news, not evergreen guidance and not financial advice. See our AI content disclosure and disclaimer.
