ANN ARBOR, Mich. - Republic Bancorp said it agreed in principle to purchase assets from Poughkeepsie Savings Bank's Market Street Mortgage Corp..

Included for purchase in the deal are the Market Street Mortgage's loan servicing and origination operations, its loan production offices, and other assets. The mortgage unit has a servicing portfolio of about $1.4 billion.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.