New England Bancshares, Inc. Added to America's Community Bankers NASDAQ Index.ENFIELD, Conn. -- New England Bancshares, Inc. (the "Company") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM: NEBS), the holding company for Enfield Federal Savings and Loan Association Federal Savings and Loan Association An institution chartered by the federal government whose primary function is to collect savings deposits and to provide mortgage loans. (the "Bank"), will be added today to the America's Community Bankers' ("ACB ACB American Council of the Blind ACB Asia Commercial Bank ACB America's Community Bankers ACB Adjusted Cost Base ACB Alliance for the Chesapeake Bay ACB Amphibious Construction Battalion (US Navy) ACB Australian Cricket Board ") NASDAQ Index, which has the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors ACBQ. On May 31, 2006, America's Community Bankers announced that fifteen community banks will be added to the America's Community Bankers' NASDAQ Index on June 1, 2006. The index includes more than 525 community banks with a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. 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 NASDAQ-listed banks, with the exception of any of the 50 largest bank and thrift charters based on asset size, banks classified as having an "international specialization" and banks having a "credit card specialization." New England Bancshares, Inc. is headquartered in Enfield, Connecticut, and operates Enfield Federal Savings and Loan Association with eight banking centers servicing the communities of Enfield, Ellington, Manchester, Suffield, East Windsor and Windsor Locks. For more information regarding the Bank's products and services, please visit www.enfieldfederal.com. |
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