FARMINGTON HILLS, Mich. - Michigan National Corp. said it has agreed to sell $85 million in assets and $30 million in liabilities of the corporate and private banking divisions of Independence One Bank of California to Southern California Bank of Anaheim.

Terms were not disclosed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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