First Defiance Financial Corp. Named to Russell 3000 Index
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DEFIANCE, Ohio, June 30 /PRNewswire-FirstCall/ -- First Defiance Financial Corp. (Nasdaq: FDEF) has been added to the broad-market Russell 3000 Index after Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes on June 26, 2009. The Russell U.S. indexes are reconstituted annually as of the end of May based on total market capitalization. Membership in the Russell 3000, 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 determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. "Inclusion in the Russell 3000 Index represents market recognition and acceptance," said William J. Small, Chairman, President and CEO of First Defiance. "This is another opportunity to increase our company's visibility, highlight our unique standing among community banks in the Midwest, and bring our focused strategy to the attention of a wider audience of investors." First Defiance Financial Corp. is the holding company for First Federal Bank of the Midwest and First Insurance and Investments. First Federal is a community bank serving northwest Ohio, southeast Michigan, and northeast Indiana where it currently operates 35 banking centers. First Insurance & Investments is a full line insurance agency with offices in Defiance and Bowling Green, Ohio. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4 trillion in assets currently are benchmarked to them. These investment tools originated from Russell's multi-manager investment business in the early 1980s when the company saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers. Total returns data for the Russell 3000 and other Russell Indexes is available at http://www.russell.com/Indexes/performance/default.asp. About Russell: Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $136 billion in assets under management as of March 31, 2009, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company. SOURCE First Defiance Financial Corp. William J. Small, Chairman, President and CEO, First Defiance Financial Corp., +1-419-782-5015, fdef@first-fed.com
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