BILLINGS, Mont., June 10 /PRNewswire-FirstCall/ -- First Interstate BancSystem, Inc. (Nasdaq: FIBK) announced today that it will be included in the ABA NASDAQ Community Bank Index (ABAQ) as of June 1, 2010.
The American Bankers Association and The NASDAQ Stock Market launched the index on December 8, 2003 to bring greater visibility to community banks, and in turn, promote greater market liquidity and fairer valuations. This index is the most broadly representative stock index for the community bank segment of the banking industry.
"We are pleased to be part of the ABA NASDAQ Community Bank Index," said First Interstate President and Chief Executive Officer, Lyle Knight. "For community banks like First Interstate, ABAQ is an important and valuable tool that gives us more visibility with analysts and investors."
First Interstate BancSystem, Inc. is a financial services holding company, headquartered in Billings, Montana, with $7.2 billion in assets as of March 31, 2010. It is the parent company of First Interstate Bank, a community bank operating 72 offices throughout Montana, Wyoming and western South Dakota. As a recognized leader in community banking services with 22 consecutive years of profitability, First Interstate remains a family business whose culture is driven by strong family and corporate values, as well as a commitment to long-term organic growth, exemplary customer service, exceeding customer expectations through its products and services and supporting with leadership and resources, the communities it serves.
SOURCE First Interstate BancSystem, Inc.