Hudson United Bancorp has a deal to become the exclusive provider of banking products for Advest Inc., a brokerage, investment banking, and asset management company.

Hudson United, Mahwah, N.J., is also paying $161 million for the loans and deposit liabilities of Advest Bank and Trust, a subsidiary of Hartford, Conn.-based Advest Group Inc. Advest would keep the name and charter of its bank subsidiary. The deal is scheduled to close in the third quarter.

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