The Office of the Comptroller of the Currency published its monthly enforcement actions release on Thursday, disclosing a single action: the termination of the formal agreement with First National Bank of Pasco in Dade City, Florida. The notification was carried in OCC news release NR-OCC-2026-70 dated 20 August 2026.
The termination order, catalogued as AA-SO-2026-37, releases First National Bank of Pasco from the formal agreement originally entered on 18 September 2025 under docket AA-SO-2025-46. Under standard OCC practice, the regulator terminates enforcement actions when the affected bank has demonstrated compliance with all articles, when articles not in compliance have become outdated or irrelevant, or when they are incorporated into a new action.
PASCO TERMINATION AFTER ELEVEN MONTHS
The termination comes less than a year after the formal agreement was signed on 18 September 2025.
The original formal agreement, like the termination order, is available in the OCC's public enforcement actions database.
BROADER MONTHLY ACTIONS PACKAGE
The Pasco termination was the only action in the OCC's August 2026 release. The OCC's monthly releases can include cease and desist orders, civil money penalties, prohibitions on individuals from banking and terminations of previously issued orders.
The OCC supervises national banks, federal savings associations and federal branches and agencies of foreign banks.
The OCC did not say which of its termination criteria applied in this case. The August 2026 batch, catalogued under news release NR-OCC-2026-70, is available on the regulator's website.
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