News

First Savings Bank Recently Named to the Russell 2000 Index Fund

Clarksville, In (June 18, 2018) - First Savings Bank was selected as part of the Russell 2000 Index Fund. The Russell 2000 is a widely followed benchmark of small-cap stocks and tracks the 2,000 smallest companies of the whole-market-tracking Russell 3000 index. It is an important barometer of the American economy because it measures the performance of smaller, domestically focused businesses. Unlike your typical Dow component, the median market cap of the Russell 2000 is less than $500 million and these firms are not doing business in dozens of countries. According to data from Ibbotson Associates, over the long term, small-cap stocks have outperformed large-cap stocks by about 2 percentage points per year.

“This is an important milestone for our shareholders.  First Savings Financial Group has consistently delivered increased shareholder value every year since joining the NASDAQ.  Being included on the Russell 2000 is validation for all of our hard work.” said Larry Myers, President and CEO of First Savings Bank.

About First Savings Bank

First Savings Bank is the largest locally–owned community bank in Southern Indiana. The bank has sixteen convenient locations in the Indiana Communities of Clarksville, Charlestown, Corydon, Elizabeth, English, Georgetown, Jeffersonville, Lanesville, Leavenworth, Marengo, Montgomery, New Albany, Odon, Salem and Sellersburg. First Savings Bank offers a complete line of personal and business banking features as well as investment services. Access to First Savings Bank accounts include online banking and electronic bill payment and are available anywhere with internet access through the bank’s website at www.fsbbank.net or mobile app.