LITITZ, Pa. - Susquehanna Bancshares has reached an agreement to buy eight branches of First National Bank of Maryland in Alleghany County, Md.

Susquehanna, a bank holding company with total assets of $1.7 billion, said that the acquisition will be for cash and that the price will be a percentage of deposits at the time of closing. The eight branches, in Cumberland, Frostburg, and LaVale, Md., have total deposits of $180 million.

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