JSB Financial Gets Big Board Listing

JSB Financial Inc., the holding company for Jamaica Savings Bank FSB, said its stock will begin trading on the New York Stock Exchange Thursday under the new symbol JSB.

The stock has traded on Nasdaq under the symbol JSBF since Jamaica's initial public offering in June 1990. JSB has assets of $1.5 billion.

Park T. Adikes, chairman and chief executive of JSB Financial, said the move to the NYSE "will provide greater liquidity for our stock, reduce trading volatility and broaden our potential investor base."

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