What happened
The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below. The announcement appears in a Board press release dated November 05, 2026. The release identifies a Written Agreement dated February 24, 2021 (PDF) and states that the Written Agreement was terminated on October 21, 2026. The release lists the entities that were subject to the Written Agreement.
Who was named
The enforcement action named the following entities: Allegiant United Holdings, LLC, Irvine California; Nano Financial Holdings, Inc., Irvine, California; and Nano Banc, Irvine California. These three entities are listed by the Board in the press release as the parties associated with the Written Agreement that the Board has terminated.
Agreement and termination dates
The Board's release identifies the relevant enforcement action as a Written Agreement dated February 24, 2021 (PDF). The release states the Written Agreement was terminated October 21, 2026. The press release is dated November 05, 2026 and notes that additional enforcement actions can be searched for.
