County Bancorp, Inc. Added to Russell 2000 and Russell 3000 Indexes
June 29 2020 - 10:00AM
County Bancorp, Inc. (NASDAQ: ICBK), the parent company for
Investors Community Bank (collectively “the Company”), today
announced it has been added as a member of the broad-market Russell
2000 Index and Russell 3000 Index, effective after the US market
opens on June 29th, as part of the 2020 Russell US Indexes
reconstitution.
“We are proud to rejoin the Russell 2000 and Russell 3000
indexes,” said Tim Schneider, CEO of Investors Community Bank.
“This membership is an important milestone for County Bancorp as we
continue to execute against our strategic priorities and serve our
customers and communities. We believe our inclusion will positively
impact the liquidity in our stock and create an opportunity to
increase our exposure and share our compelling story with a broader
investment audience.”
The Russell US Indexes are widely used by investment managers
and institutional investors for passive funds and investment
products and as benchmarks for active investment strategies.
Approximately $9 trillion in assets are benchmarked against Russell
US Indexes. Russell US Indexes are part of FTSE Russell’s suite of
index offerings.
About County Bancorp,
Inc.County Bancorp, Inc., a Wisconsin
corporation and registered bank holding company founded in May
1996, and our wholly-owned subsidiary Investors Community Bank, a
Wisconsin-chartered bank, are headquartered in Manitowoc,
Wisconsin. The state of Wisconsin is often referred to as
“America’s Dairyland,” and one of the niches we have developed is
providing financial services to agricultural businesses statewide,
with a primary focus on dairy-related lending. We also serve
business and retail customers throughout Wisconsin, with a focus on
northeastern and central Wisconsin. Our customers are served
from our full-service locations in Manitowoc, Appleton, Green Bay,
and Stevens Point and our loan production offices in Darlington,
Eau Claire, Fond du Lac and Sheboygan. Visit our Investor Relations
site for details: Investors.ICBK.com.
About FTSE RussellFTSE Russell is a global
index leader that provides innovative benchmarking, analytics and
data solutions for investors worldwide. FTSE Russell calculates
thousands of indexes that measure and benchmark markets and asset
classes in more than 70 countries, covering 98% of the investable
market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $16
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create ETFs, structured products
and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance and embraces the IOSCO Principles.
FTSE Russell is also focused on index innovation and customer
partnerships as it seeks to enhance the breadth, depth and reach of
its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com
Investor Relations ContactGlen L. StiteleyEVP -
CFO, Investors Community BankPhone: (920) 686-5658 Email:
gstiteley@icbk.com
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