Weetamoe Bancorp has agreed to buy Fairbank Inc., parent of National Bank of Fairhaven, for about $8.5 million.

Under the deal, the details of which were not released, $65 million- asset Fairbank's two branches will be merged into Weetamoe subsidiary Slade's Ferry Bank, which has $233 million in assets. The new company will have nine branches in southeastern Massachusetts.

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