TROY, Mich. - Standard Federal Bank said it has completed its reorganization into a holding company following approval from shareholders.

The new company, Standard Federal Bancorp., began trading Monday on the New York Stock Exchange under the symbol SFB, the same symbol used by the bank prior to the reorganization. With $12.5 billion of assets, the bank was one of the largest financial institutions in the nation not operating under a holding company format.

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