United Community Banks, Inc. Completes Sale of Navitas Credit Corp.
Acquiring Company
United Community Banks
Acquired Company
Navitas Credit
Description
On September 1, 2026, United Community Banks, Inc. announced the completion of the sale of its wholly owned subsidiary Navitas Credit Corp., along with NLFC Reinsurance Corp. This transaction was previously disclosed in a current report filed on June 11, 2026. The sale represents a strategic shift aimed at better aligning the bank's business focus and optimizing its operations.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Navitas Credit?
Navitas Credit was acquired by United Community Banks, based in Greenville. The deal was reported on September 1, 2026. United Community Banks, Inc. United Community Banks is publicly traded (UCB) and operates in Financial Services.
When did United Community Banks acquire Navitas Credit?
United Community Banks's acquisition of Navitas Credit was reported on September 1, 2026. On September 1, 2026, United Community Banks, Inc. announced the completion of the sale of its wholly owned subsidiary Navitas Credit Corp., along with NLFC Reinsurance Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Navitas Credit do?
Navitas Credit is a wholly owned subsidiary of United Community Banks, dedicated to providing exceptional financing and services to its customers. It is privately held, operating in Financial Services, and is based in Ponte Vedra.
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