Patriot Bank, N.A.
A Connecticut national bank whose 2025 OCC agreement on prepaid program managers ended in June 2026.
Patriot Bank, N.A. is a national bank in Stamford, Connecticut, supervised by the OCC. Its formal agreement AA-NE-2025-05 of January 14, 2025 covered capital planning, BSA/AML, oversight of payment activities and credit. It required a plan to manage the anti-money-laundering risks of prepaid card products offered through third-party program managers, a customer identification program for reloadable prepaid cards, a payment activities oversight program for ACH and wires, and a suspicious activity lookback. The OCC terminated the agreement on June 30, 2026 (AA-ENF-2026-34).
- Country
- United States
- Primary federal regulator
- OCC
- Charter type
- National bank
- FDIC certificate number
- 33928
- Publicly announced fintech partners
- Lithic (Patriot Bank issues the Lithic Mastercard Prepaid Incentive Card and is named as a Lithic bank partner in Lithic's documentation)
- Enforcement actions (regulator records)
Document Regulator Issued Status AA-NE-2025-05 formal agreement (BSA/AML, prepaid program managers, payment activities) OCC Jan 14, 2025 Terminated Jun 30, 2026 (AA-ENF-2026-34) - Date checked
Questions
Is Patriot Bank under an OCC agreement?
What did the Patriot Bank agreement require?
Which fintechs work with Patriot Bank?
See also
- Sponsor-bank enforcement tracker
- Lithic, a card issuing platform that names Patriot Bank
- Axiom Bank, another OCC formal agreement on prepaid programs
Sources
- OCC formal agreement AA-NE-2025-05
- OCC release, February 20, 2025
- OCC termination AA-ENF-2026-34
- Lithic documentation
- Checked September 26, 2026.
Source: FDIC BankFind, the FDIC, OCC and Federal Reserve enforcement records and state regulators’ orders, plus partner announcements by the banks or fintechs, as linked in each profile. How we build and refresh profiles: methodology.