The Federal Deposit Insurance Corp. (FDIC) is nearing a deal to sell the remaining assets of IndyMac Bank, the second-largest bank to collapse in 2008, the Sacramento Business Journal reported, citing Bloomberg and The Wall Street Journal.

U.S. Bancorp and PNC Financial Services Group Inc. are potential suitors for the bank, which collapsed in July, and the deal is expected to close by the end of the year. It is uncertain whether the bank’s assets would be split or sold in one piece.

According to FDIC data, IndyMac has nearly $6.9 billion in deposits and $16.5 billion in loans and leases. The FDIC expects to spend about $8.9 billion to back the deposits of IndyMac customers, though the number could change depending on how much IndyMac’s assets sell for in the market.