KAUKAUNA, Wis. - F&M Bancorp said it has signed a letter of intent to acquire $35 million-asset Bradley Bank of Tomahawk, Wis.

With the addition of Bradley Bank and two other recently announced proposed acquisitions - of Monycor Bank, Superior, and Peoples State Bank, Bloomer - F&M Bancorp would have assets of more than $1 billion and 46 locations in Wisconsin.

The deal, whose terms were not disclosed, is expected to be completed during the first quarter of 1996.

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