Regulatory Alerts2026-02-09 | Supervisory Condition Letter 2026-01Added
Supervisory Condition Letter 2026-01 — Anchorage Digital Bank National Association, Sioux Falls, South Dakota – Termination of Operating Agreement
The Office of the Comptroller of the Currency (OCC) has authorized the termination of the January 22, 2021 Operating Agreement entered into by Anchorage Digital Bank National Association. This decision follows the OCC's determination that the Bank has achieved compliance with each of the Operating Agreement’s ten actionable articles and that its corrective actions are effective and sustainable.
Washington, DC 20219 Supervisory Condition Letter 2026-01 February 2026 February 9, 2026 Via email Board of Directors Anchorage Digital Bank National Association 101 S. Reid Street, Suite 329 Sioux Falls, SD 57103 Subject: Termination of Operating Agreement Members of the Board: The Office of the Comptroller of the Currency (OCC) has authorized the termination of the January 22, 2021 Operating Agreement entered into by Anchorage Digital Bank National Association, Sioux Falls, South Dakota (Bank) pursuant to a Regulatory Condition Imposed in Writing. The OCC has determined that the Bank has achieved compliance with each of the Operating Agreement’s ten actionable articles and that the Bank’s corrective actions are effective and sustainable. If you have any questions about this letter, please contact me. Sincerely, //s// Digitally Signed, Dated: 2026.02.09 Aaron Liechenstein Assistant Deputy Comptroller Novel Bank Supervision