GREEN BAY, Wis. -- Associated Banc-Corp said it has agreed to purchase seven offices of Marshall & Ilsley Corp. and Valley Bancorp. in Wisconsin for approximately $20 million.

The offices have $190 million of deposits and are being divested to meet regulatory conditions of the M&I-Valley merger. In a similar deal announced earlier in the week, St. Francis Capital Corp. said it would buy two other offices.

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