Advanta Corp., the credit card lender that shut down its small-business accounts in May, has been ordered by regulators to restrict activities and submit a plan that may halt some banking operations.

Advanta must give the Federal Deposit Insurance Corp. a plan that "provides for the termination of the bank's deposit-taking operations and deposit insurance after the bank's deposits are repaid in full," according to a federal filing submitted Wednesday by the Spring House, Pa., company.

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