Edward D. Jones & Co. has the green light from the Office of Thrift Supervision to complete its purchase of a small Missouri thrift, and it plans to close the deal today.

The acquisition of Boone National Savings and Loan, a $64 million-asset thrift in Columbia, will allow Jones & Co. - one of the country's largest brokerage firms - to consolidate the marketing and processing of its trust services through one institution.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.