CINCINNATI -- Star Banc Corp. will pay $122.3 million to the Resolution Trust Corp. for $1.1 billion of deposits held by TransOhio Federal Savings Bank.

The holding company's lead bank, Star Bank, will immediately take hold of TransOhio's 47 branches TransOhio has been operated by the RTC since it went into receivership in 1992.

The acquisition makes Star Bank the third-largest bank in Cleveland, The holding company had $7.91 billion of assets as of June 1994,

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