ABA Opens NASDAQ to Celebrate Launch of Community Bank Fund
ABA Chairman Arthur Connelly, Chairman-Elect Art Johnson, COO Diane Casey-Landry and several association staff members yesterday morning celebrated the launch of the First Trust NASDAQ ABA Community Bank Index Fund by presiding over the opening bell ceremony at the NASDAQ Stock Market in New York.

"This is … an affirmation of all that's good about banking," said Connelly, chairman and CEO of South Shore Bancorp, Weymouth, Mass. "America's community banks and main street banks today are healthy, they're alive and well, they're well capitalized and they're to a great extent profitable."

The First Trust NASDAQ ABA Community Bank Index Fund -- ticker symbol NASDAQ:QABA -- will seek investment results generally corresponding to the NASDAQ ABA Community Bank Index's price and yield. The index enables investors to track the performance of the most actively traded community banks listed on the NASDAQ Stock Market. Wheaton, Ill.-based First Trust is the new fund's adviser. Read more.  Watch the event video.  For more information, contact ABA's Helen Sullivan. 

 

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