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Stifel Financial Corp's Stifel Bank & Trust Completes Acquisition Of Acacia Federal Savings Bank

Friday, 1 Nov 2013 04:01pm EDT 

Stifel Financial Corp. announced that Stifel Bank & Trust has completed its acquisition of Acacia Federal Savings Bank (Acacia Federal), a one-branch community bank with approximately $585 million in total assets. Established in 1985, and wholly owned by Ameritas Mutual Holding Company, Acacia Federal is a federally chartered savings institution with one retail branch located in Falls Church, Virginia. Over 80% of Acacia Federal's loan portfolio is originated single-family residential mortgages. The acquisition was completed as of October 31, 2013 following the receipt of all regulatory approvals and completion of other conditions precedent to closing. 

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6 Oct 2015