LOCKPORT, N.Y., Feb. 22 /PRNewswire-FirstCall/ -- First Niagara Financial Group, Inc. announced that, effective with the close of trading on Friday February 24, 2006, Standard & Poor's (S&P) will add the Company to the S&P MidCap 400 Index. This index is comprised of U.S. companies with a market capitalization between $1 billion and $4 billion and is the most widely used index for mid-sized companies.
The full press release issued by S&P can be accessed through their website at http://www.standardandpoors.com/indices.
First Niagara Financial Group, Inc., through its wholly owned subsidiary First Niagara Bank, has assets of $8.1 billion and deposits of $5.5 billion. First Niagara Bank is a full-service, community-oriented bank that provides financial services to individuals, families and businesses through 120 branches and several financial services subsidiaries across New York State.
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