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Chris Reichert Named President of Stifel Bank & Trust.


ST. LOUIS -- Stifel Financial Corp. (NYSE NYSE

See: New York Stock Exchange
: SF) is pleased to announce that Christopher K. Reichert has been named president of Stifel Bank & Trust and will be leading the expansion and growth of its banking platform.

Reichert, a 20-year banking industry veteran, comes to Stifel Bank & Trust from Pulaski Financial Corp., where he most recently served as executive vice president and a member of the board of directors. Chris has extensive retail mortgage, home equity, and commercial lending experience and will play a key role in developing similar capabilities for Stifel Bank & Trust.

"Chris Reichert is a perfect fit for our organization," said Ronald J. Kruszewski, chairman and chief executive officer of Stifel Financial Corp. "He is a seasoned professional who understands what we are trying to accomplish within the Bank and shares our commitment to providing excellent customer service. We welcome him to the team and look forward to his contributions to the growth of Stifel Bank & Trust."

Stifel Bank & Trust chief executive officer Thomas Hagar remarked, "I've known Chris by reputation for many years, and we are thrilled thrill  
v. thrilled, thrill·ing, thrills

v.tr.
1. To cause to feel a sudden intense sensation; excite greatly.

2. To give great pleasure to; delight. See Synonyms at enrapture.
 that someone with his capabilities and 21 years of progressive banking experience has chosen our organization to continue his exceptional banking career. Chris possesses the skills necessary to enhance our operational effectiveness and expand our capacity as we move forward on the execution of our strategic objectives. In addition, Chris' proven ability of leadership and platform development will enhance our organization's efforts to deliver the highest quality lending and banking services to our affiliates and the markets we serve."

Stifel Bank & Trust, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Stifel Financial Corp., is a full-service community bank offering a comprehensive array of personal and commercial lending services. Stifel's personal lending programs include mortgage loans and home equity lines of credit, as well as personal, automobile, and recreational vehicle loans. Commercial banking customers have access to small business and commercial real estate loans, lines of credit, credit cards, and inventory and receivables Receivables

An asset designation applicable to all debts, unsettled transactions or other monetary obligations owed to a company by its debtors or customers. Receivables are recorded by a company's accountants and reported on the balance sheet, and they and include all debts owed
 financing.

Stifel Financial Corp. operates 172 offices in 28 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States).  through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, and 3 European offices through Stifel Nicolaus Stifel Nicolaus is the largest subsidiary of Stifel Financial Corp. and is a member of SIPC and listed on the New York Stock Exchange.

Stifel Financial Corp.
 Limited. Stifel Nicolaus provides securities brokerage, investment banking, trading, investment advisory, and related financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, primarily, to individual investors, professional money managers, businesses, and municipalities. Stifel Financial Corp. is listed on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the symbol "SF." To learn more about Stifel, please visit the Company's web site at www.stifel.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 4, 2007
Words:413
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