Saying it wants to focus on more traditional banking, Provident Bank in Baltimore announced it is selling its check-cashing subsidiary to a Pennsylvania payday lender and check casher for an undisclosed sum.

Provident, which has $5.2 billion of assets, said it will sell its eight Fast 'n Friendly check-cashing outlets to Dollar Financial Group Inc of Berwyn, Pa. The bank, a subsidiary of Provident Bankshares, opened its first check cashing store in Baltimore in 1994.

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