Stifel Financial to acquire Finance 500, CB Resource, terms not disclosed

Stifel Financial has signed a definitive agreement to acquire Finance 500 and CB Resource. Terms of the transaction were not disclosed. The Irvine-based companies, which operate as strategic partners under common ownership, are market leaders in the underwriting and issuance of certificates of deposits, having assisted more than 1,200 depository institutions in raising over $200 billion to support near and long-term funding needs. CBR offers an advanced technology-enabled platform to deliver enterprise risk management, strategic planning, capital planning, and interactive performance-based analytics for community banks nationwide.