CLEVELAND - Society Corp. of Cleveland said it has completed the sale of $260 million of loan participations to Star Bank, which will result in a pretax gain of more than $5 million.

The sale of loans followed the sale on June 19 of 28 branches, $1 billion of deposits, and $105 million of branch-related loans to the northeastern Ohio operation of Star Banc Corp. of Cincinnati.

All transactions were related to Society's acquisition of Cleveland-based Ameritrust Corp. on March 16.

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