GREEN BAY, Wis. - Associated Banc-Corp. recently agreed to acquire two Wisconsin institutions.

The $3.4 billion-asset company said it will acquire $211 million-asset Greater Columbia Bancshares and its subsidiary, First National Bank of Portage in a stock-for-stock deal. It also plans to buy $140 million-asset F&M Bancshares of Reedsburg.

Both transactions are expected to be completed in the first quarter of 1996.

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