Acacia Federal Savings Bank
Article Submitted By: BankMan
Acacia Federal Savings is based in Viriginia and serves the great Washington DC metro areas. It is a division of Acacia Life and had assets of $1.6 billion as of the end of 2007. Bauer Financial gives the bank 3 1/2 stars out of 5 for safety and soundess, a decent rating.
Acacia Federal Savings Bank is based in Viriginia and serves the great Washington DC metro areas. It is a division of Acacia Life and had assets of $1.395 billion as of Sept. 30, 2009.
Acacia Account Opening and Funding
The account application can be filled out online. If you are applying for a CD, the rate is locked once you submit the application. You will receive an email from Acacia shortly confirming the account is opened and providing instructions on funding. The account can only be funded via check and you have 7 days to to send a check in order to preserve the rate lock. You'll also need to mail back a signature card with a copy of an acceptable ID to confirm your identify.
Acacia Safety and Soundness
Bauer Financial gives the bank 3 stars out of 5 (Good) for safety and soundess.
