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Firstar Agrees to Sell 11 Branches to Bremer Financial

MINNEAPOLIS-The deal is required by Firstar's pending merger with U.S. Bancorp. Firstar and U.S. Bancorp. will have about 90 branch offices in the Twin Cities once its merger is completed in the second quarter of this year.

By Jim McCartney | Updated on February 05, 2001

MINNEAPOLIS-Firstar has agreed to sell 11 branch offices in the Twin Cities to St. Paul, MN-based Bremer Financial Corp. The Milwaukee-based financial company said it agreed to divest the branches as part of an agreement with federal banking regulators involving its pending merger with Minneapolis-based U.S. Bancorp.

Firstar and U.S. Bancorp. will have about 90 branch offices in the Twin Cities once its merger is completed in the second quarter of this year.

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