Hibernia Bank will buy seven Wells branches.

Wells Fargo had been ordered by the Federal Reserve Board to divest the seven Northern California offices as a condition for approval of Wells Fargo’s acquisition of Crocker National Bank. About $225 million in deposits will be transferred in the proposed sale, which consists of three Well Fargo branches and four Crocker branches. The sale to Hibernia, a subsidiary of Hong Kong-based First Pacific Holdings, is subject to regulatory approval. Terms of the agreement were not disclosed.