National City Corp., expanding its reach through the Midwest, has agreed to buy First of America Bank Corp. of Kalamazoo, Mich., for about $7.1 billion in stock.

The deal, announced Monday, would create the nation's 13th-largest banking company. It would merge the $53 billion-asset National City-which is based in Cleveland and operates in Ohio, Indiana, Kentucky, and Pennsylvania-with the $22 billion-asset First of America, which operates in Michigan, Illinois, and Indiana.

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