Paying a hefty premium to build its market share in Columbus, Ohio, Star Banc Corp. has bought $680 million of deposits and 24 branches belonging to the Ohio subsidiary of Household Bank.

Star Banc, based in Cincinnati, said Friday that it had agreed to pay $66.3 million cash for the deposits and branches - a whopping 9.75% premium on the deposits. In three branch sales last month, Household Bank got premiums ranging from 8% to 4%.

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