United Community Banks Inc. Completes Sale of Navitas Credit and NLFC Reinsurance

What Happened
United Community Banks, Inc. announced on September 1, 2026 that its wholly owned subsidiary, United Community Bank, completed the sale of two subsidiaries: Navitas Credit Corp. (the Bank’s equipment lease financing unit) and NLFC Reinsurance Corp. (the Bank’s reinsurance unit). The transaction had been previously disclosed in a Form 8-K filed June 11, 2026. A press release dated September 1, 2026 is attached to the filing as Exhibit 99.1.

Key Details

• Sale completed: September 1, 2026.
• Subsidiaries sold: Navitas Credit Corp. (equipment lease financing) and NLFC Reinsurance Corp. (reinsurance).
• Earlier disclosure: Transaction was first disclosed in the Company’s Form 8-K filed June 11, 2026.
• Press release: United Community Banks press release attached as Exhibit 99.1 to the Sept. 1, 2026 Form 8-K.

Why It Matters
This filing confirms the company has divested two non-bank subsidiaries involved in equipment lease financing and reinsurance. For investors, the completion of these sales could affect United Community Banks’ future business mix, risk profile, and reported results; the Form 8-K and attached press release are the official notices of completion. Watch for subsequent filings (e.g., quarterly reports or additional 8‑Ks) for details on sale proceeds and any recorded gains/losses or balance sheet impacts.