Regulatory Alerts2026-05-15
Federal Reserve Board Does Not Object to United Texas Bank's Conversion from State Member to National Bank
The Federal Reserve Board has announced its non-objection to United Texas Bank’s conversion from a state member bank supervised by the Federal Reserve to a national bank overseen by the Office of the Comptroller of the Currency. Under the Dodd-Frank Act, this conversion is required when a state member bank subject to Board enforcement actions proposes the transition, provided the OCC submits an acceptable supervisory plan. The Board approved the OCC’s submitted plan, which resolves the underlying enforcement matters involving United Texas Bank, the Federal Reserve, and the Texas Department of Banking.
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Press Release
May 15, 2026
Federal Reserve Board announces it does not object to the conversion of United Texas Bank, of Dallas, Texas, from a bank supervised by the Federal Reserve to a national bank supervised by the Office of the Comptroller of the Currency
For release at 4:30 p.m. EDT
The Federal Reserve Board on Friday announced that it did not object to the conversion of United Texas Bank, of Dallas, Texas, from a bank supervised by the Federal Reserve to a national bank supervised by the Office of the Comptroller of the Currency (OCC).
The Dodd-Frank Act requires the Board to not object to the conversion when a state member bank, which is a bank supervised by the Federal Reserve, that is subject to certain enforcement actions issued by the Board proposes to convert to a national bank. As required by law, the OCC submitted a supervisory plan to the Board for addressing the matters underlying the enforcement action between United Texas Bank, the Board, and the Texas Department of Banking, to which the Board also did not object.
For media inquiries, please email media@frb.gov or call 202-452-2955.
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Last Update: May 15, 2026