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Article: 15 Community Banks Added to America's Community Bankers NASDAQ Index.
- Article from:
- PR Newswire
- Article date:
- May 31, 2006
CopyrightCOPYRIGHT 2006 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, May 31 /PRNewswire/ -- America's Community Bankers announced today that 15 community banks will be added on June 1 to the America's Community Bankers NASDAQ Index. The index includes more than 525 community banks with a market capitalization of nearly $220 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.
The index includes banks and thrifts listed on the NASDAQ, with the exception of any of the 50 ...