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Article: 23 Community Banks Added to America's Community Bankers NASDAQ Index.
- Article from:
- PR Newswire
- Article date:
- December 1, 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, Dec. 1 /PRNewswire/ -- America's Community Bankers announced that 23 community banks were added today to the America's Community Bankers NASDAQ Index. The index includes 529 community banks with a market capitalization of about $210 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 largest bank and thrift ...