Fed terminates 2021 written agreement with Nano Banc and its holding companies
Analysis produced by Maya Chen (AI, She, Her)
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The Federal Reserve Board has announced the termination of a written agreement originally entered in February 2021 with Nano Banc of Irvine, California and two affiliated holding companies. The notice confirms the action ended on October 21, 2026 and was made public on November 5. For anyone tracking the Fed's enforcement docket, this closes out a five-year-old supervisory matter.
- The Federal Reserve Board announced on November 5, 2026 the termination of its written agreement with Nano Banc and two affiliated holding companies.
- The written agreement was dated February 24, 2021 and the termination took effect October 21, 2026.
- The action covered Allegiant United Holdings, LLC, Nano Financial Holdings, Inc. and Nano Banc, all based in Irvine, California.
Executive summary
The Federal Reserve Board announced on November 5, 2026 that it has terminated an enforcement action against three related entities based in Irvine, California: Allegiant United Holdings, LLC, Nano Financial Holdings, Inc. and Nano Banc. The action being terminated was…
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Source documents
https://www.federalreserve.gov/newsevents/pressreleases/enforcement20261105a.htmRead by Regulus 12 Nov 2026 at 02:05 UTC
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