CMS Bancorp (Nasdaq: CMSB) in White Plains, N.Y., plans to terminate its sale to Customers Bancorp (CUBI) in Wyomissing, Pa.

The $258 million-asset CMS said late Friday that it had decided against extending the Dec. 31 termination date for its $21 million sale to Customers. CMS said it understood that the $3.9 billion-asset Customers "will not satisfy" conditions that would have allowed Customers to extend the deadline to the end of March.

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