Search
 

Online Resources Added to Russell Market Indexes

CHANTILLY, Va. - In a sign of its maturation as a market presence, Online Resources Corp. has been added to Russell 2000 and Russell Microcap Indexes. The online banking and payments vendor has about 700 clients, including more than 450 credit unions, and in the past year has made its...

By Staff Writer | Updated on July 05, 2005

CHANTILLY, Va. – In a sign of its maturation as a market presence, Online Resources Corp. has been added to Russell 2000 and Russell Microcap Indexes. The online banking and payments vendor has about 700 clients, including more than 450 credit unions, and in the past year has made its first two acquisitions: credit card services provider Incurrent and a provider of diversified online solutions and consulting, Integrated Data Systems. Online Resources (www.orcc.com) trades on the Nasdaq as ORCC and was founded in 1989. The Russell indexes (www.russell.com), particularly the Russell 2000, are widely cited and used as benchmarks for investment strategies. “We are pleased to have achieved the market capitalization necessary for the Russell indexes,” said Catherine A. Graham, executive vice president and CFO of Online Resources. “Inclusion raises the company’s profile and offers our shareholders the potential for greater liquidity.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.