TITLE: Office of the Comptroller of the Currency Announces Enforcement Actions for July 2026
BODY:
On July 16, 2026, the Office of the Comptroller of the Currency (OCC) announced enforcement actions taken during July 2026 against national banks and institution-affiliated parties (IAPs).
The OCC issued a Cease and Desist Order against United Texas Bank, Dallas, Texas, for deficiencies in its Bank Secrecy Act/anti-money laundering (BSA/AML) compliance program. The deficiencies resulted in violations of law or regulation. United Texas Bank consented to the order as part of its conversion to a national bank supervised by the OCC. The bank had previously consented to an August 2024 order issued jointly by the Federal Reserve Bank of Dallas and the Texas Department of Banking.
The OCC also issued an Order of Prohibition against Ezekiel Dorsey, former Lead Associate for Operations at the Edgewood Atlanta, Georgia, branch of JPMorgan Chase Bank, National Association, Columbus, Ohio. Dorsey stole approximately $120,000 from the bank while servicing automated teller machines. An Order of Prohibition prevents an individual from any participation in the affairs of a bank or other institution as defined in 12 USC 1818(e)(7).
The OCC terminated four enforcement actions during July 2026. These terminations included a Formal Agreement with Patriot Bank, National Association, Stamford, Connecticut, dated January 14, 2025; a Cease and Desist Order against Quontic Bank, Astoria, New York, dated October 5, 2022; a Cease and Desist Order against Sidney Federal Savings and Loan Association, Sidney, Nebraska, dated January 19, 2021; and a Formal Agreement with Texas Heritage National Bank, Daingerfield, Texas, dated May 8, 2025.
The OCC terminates enforcement actions when a bank demonstrates compliance with all articles of an enforcement action or when the OCC determines that articles have become outdated or irrelevant to the bank's current circumstances.
All OCC public enforcement actions taken since August 1989 are available in the searchable enforcement actions database at https://apps.occ.gov/EASearch.