Alleghany Corp. said it completed the acquisition of Sacramento Savings & Loan Association from the H.N. & Frances C. Berger Foundation for $ 150 million.
The Sacramento-based S&L, which has 44 branch offices in north central California, had assets of $ 2.4 billion at the end of September.
New York-based is an insurance and financial services concern.
The purchase price includes two ancillary companies.