Community banking

In Brief: ACB Subsidiary, Stifel Nicolaus in Pact

Published December 06, 2005, 2:00 a.m. EST

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Updated December 05, 2005, 5:35 p.m. EST

1 Min Read

America's Community Bankers announced Monday that its for-profit subsidiary, ACB Business Partners Inc., has endorsed Stifel Nicolaus & Co. Inc. as the exclusive investment bank for ACB members.

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ACB member banks will receive a discount on investment banking services from Stifel, Nicolaus, a St. Louis firm that has advised community banks for 25 years. The trade group said that Stifel Nicolaus will offer, among other things, customized portfolio analysis that assesses a bank's balance-sheet strengths and weaknesses from a business and regulatory perspective.

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