OTC Markets Group Welcomes Consumers Bancorp, Inc. to OTCQX
NEW YORK, Oct. 24, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Consumers Bancorp, Inc. (OTCQX: CBKM), the holding company of Consumers National Bank based in Minerva, Ohio, has qualified to trade on the OTCQX® Best Market. Consumers Bancorp, Inc. upgraded to OTCQX from the OTCQB® Venture Market.
Consumers Bancorp, Inc. begins trading today on OTCQX under the symbol "CBKM." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Consumers Bancorp to the OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Upgrading to the OTCQX Market from the OTCQB Market marks an important milestone for companies that seek to build visibility and provide greater transparency in the public market. Consumers Bancorp joins more than 80 shareholder-focused banks trading on OTCQX."
"By joining the OTCQX Market Consumers Bancorp will create shareholder value by increasing the visibility and liquidity of our stock. Qualifying for OTCQX acknowledges the high caliber of financial reporting that Consumers has produced as a U.S. Securities and Exchange Commission registrant company," said Ralph J. Lober, II, President and CEO of Consumers Bancorp, Inc. "We are pleased to be traded on the OTCQX Best Market."
Consumers Bancorp was sponsored for OTCQX by D.A. Davidson & Co., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Consumers Bancorp, Inc.
Consumers Bancorp, Inc. is the single bank holding company of Consumers National Bank, a $500 million asset independent community bank based in Minerva, Ohio. Founded in 1965, Consumers National Bank provides a full line of financial services to small businesses, families, and farms through fifteen locations in the east-central Ohio counties of Carroll, Columbiana, Jefferson, Stark, Summit, and Wayne counties in Ohio.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.
