D&N Financial Corp., Troy, Mich., said it plans to buy seven branches from First America Bank, a unit of Cleveland's National City Corp.

The deal would give D&N $71 million of deposits and the fixed assets of the branches for an undisclosed price. National City gained control of the branches when it acquired Kalamazoo, Mich.-based First of America Bank Corp. on March 31.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.