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United Community Names Sean Simpson Chief Commercial Banking Officer
Personnel Announcements

United Community Names Sean Simpson Chief Commercial Banking Officer

  • By United Community Bank

GREENVILLE, S.C., Aug. 13, 2026 /PRNewswire/ -- United Community announced Sean Simpson has joined the bank as chief commercial banking officer, bringing proven leadership and industry expertise. Simpson's addition reinforces United's commitment to investing in exceptional talent to accelerate growth and deepen customer relationships.

Wafra Announces Acquisition of Navitas Credit Corp.
Banking Financial Services

Wafra Announces Acquisition of Navitas Credit Corp.

  • By Wafra, Navitas Credit Corp., United Community Bank

NEW YORK, June 12, 2026 /PRNewswire/ -- Wafra Inc. ("Wafra"), the $30bn New York-based alternative asset manager, announced today that investment funds advised by Wafra have entered into a definitive agreement to acquire Navitas Credit Corp. ("Navitas"), an industry leader in equipment finance solutions, from United Community Bank, a wholly-owned subsidiary of United Community Banks, Inc. (NYSE: UCB) ("United") for approximately $1.9 billion in cash.1 Navitas will continue to be led by its current management team following the closing of the transaction.