Acacia Federal Savings Bank (Acacia Federal) is a thrift institution which has been operating in the Washington DC Metro area since it opened in March 1985. It is a subsidiary of the Acacia Life Insurance Company.
Acacia Federal runs its nationwide deposit operation and conducts regional loan production from one location in Falls Church, Virginia.
In 2007 Acacia Federal’s assets reached a new plateau ending the year at $1.492 billion. Earnings were $8.223 million. Also during 2007, Acacia Federal doubled its retail mortgage sales force and had record months for mortgage production in June, July and August.
Acacia Federal’s principal activities are retail mortgage lending, construction lending, commercial and commercial real estate lending, deposit gathering and consumer lending. The Bank’s Web site offers interactive online banking for individual and business customers (afsbonline.com).
As a member of the UNIFI Companies and the community, Acacia Federal continues its commitment to service, financial stability and providing quality banking products to all segments of its markets.
Acacia Federal runs its nationwide deposit operation and conducts regional loan production from one location in Falls Church, Virginia.
In 2007 Acacia Federal’s assets reached a new plateau ending the year at $1.492 billion. Earnings were $8.223 million. Also during 2007, Acacia Federal doubled its retail mortgage sales force and had record months for mortgage production in June, July and August.
Acacia Federal’s principal activities are retail mortgage lending, construction lending, commercial and commercial real estate lending, deposit gathering and consumer lending. The Bank’s Web site offers interactive online banking for individual and business customers (afsbonline.com).
As a member of the UNIFI Companies and the community, Acacia Federal continues its commitment to service, financial stability and providing quality banking products to all segments of its markets.