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Article: 26 Community Banks Added to America's Community Bankers NASDAQ Index.
- Article from:
- PR Newswire
- Article date:
- June 1, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON, June 1 /PRNewswire/ -- America's Community Bankers announced today that 26 community banks were added today to the America's Community Bankers NASDAQ Index. The index includes more than 500 community banks with a market capitalization in excess of $190 billion.
The index is the most broadly representative stock index for the community bank segment of the banking industry. ACB and NASDAQ launched the index in December 2003, to bring greater visibility to community banks, and in turn, promote greater market liquidity and fairer valuations.
"We are proud to be a member of the ACB-NASDAQ Index," said Steven E. Brady, president and chief ...