Salisbury Bancorp To Be Added To The Russell 3000 Index

LAKEVILLE, Conn., June 29, 2020 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. (NASDAQ: SAL) (the “Company”), the bank holding company for Salisbury Bank and Trust Company (the “Bank”), announced today that it has been added to the Russell 3000 Index at the conclusion of the 2020 Russell Indexes annual reconstitution, effective after the US market opens on Monday, June 29, 2020, according to a preliminary list of additions posted June 5, 2020.

Rick Cantele, the Company’s President and Chief Executive Officer, stated: “We are pleased to be joining the Russell 3000, as we believe this will increase our visibility and exposure thereby attracting broader interest in SAL from institutional investors and investment funds.  This is reflective of our continued growth, strong financial performance, and our ability to create sustained value for our shareholders.”

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 8, ranking them by total market capitalization. Membership in the US all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

About the Company
Salisbury Bancorp, Inc. is the parent company of Salisbury Bank and Trust Company, a Connecticut chartered commercial bank serving the communities of northwestern Connecticut and proximate communities in New York and Massachusetts, since 1848, through a network of 14 full service branches in Litchfield County, Connecticut; Berkshire County, Massachusetts; and Dutchess, Orange, and Ulster Counties, New York.  The Bank offers a broad spectrum of consumer and business banking products and services as well as trust and wealth advisory services.  For more information, please visit www.salisburybank.com.