United Community Bank entered into a Stock Purchase Agreement with Navitas TopCo LLC to sell its equipment lease financing subsidiary, Navitas Credit Corp., and its reinsurance subsidiary, NLFC Reinsurance Corp. The transaction is estimated to be approximately $1.9 billion in cash, an amount subject to certain adjustments. The deal is expected to close in the3rd quarter of 2026. United Community Banks, Inc. is a financial services company providing banking and financing services.
