Commercial Federal Corp. has arrived at a truce with its major shareholder.

The Omaha thrift company is hiring a financial adviser to oversee “strategic matters,” quieting the public criticism it has received in recent months from its biggest stakeholder, Franklin Mutual Advisors Inc.

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.