Hoping to reap the benefits of a more prestigious market, two community banks are moving to the New York Stock Exchange from Nasdaq's National Market System.

Community Bank System Inc., DeWitt, N.Y., said it expects to begin trading on the Big Board on Dec. 31. And Triangle Bancorp, Raleigh, N.C., anticipates its shares will be listed on Jan. 2. The banks cited the exchange's clout and its stability for shareholders as reasons for the switch.

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