OTC Markets Group Welcomes OCB Bancorp to OTCQX(R)
NEW YORK, July 31, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that OCB Bancorp (CA) (OTCQX: OJCB), the parent company and holding company for Ojai Community Bank, has qualified to trade on OTCQX(R), the best marketplace.
OCB Bancorp begins trading today on OTCQX under the symbol "OJCB." U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"OCB Bancorp, through its subsidiary Ojai Community Bank, has been serving the financial needs of individuals, businesses and non-profits in its communities for nearly a decade, daily demonstrating its community to 'real community banking,'" said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are proud to welcome OCB Bancorp to our OTCQX marketplace and wish it success in its continued growth as a financially-strong, shareholder-friendly company."
"We are pleased to be joining OTCQX," said David Brubaker, President and CEO of OCB Bancorp. "We are confident that joining OTCQX is an ideal way to provide increased transparency in financial reporting, convenient access to news, and additional exposure opportunities. We look forward to providing our shareholders with a more efficient source of bank information and industry comparisons. As we continue to focus our banking efforts on our local market and look for additional opportunities, we feel trading on OTCQX is another natural step in maintaining our successful trend and value to our shareholders."
Crowell, Weedon & Co., a division of D.A. Davidson & Co., serves as OCB Bancorp's Corporate Broker on OTCQX.
OCB Bancorp is a locally owned and operated holding company formed in September 2013 as the parent company of Ojai Community Bank, founded on March 3, 2005. Ojai Community Bank operates in Ojai, California, and has banking divisions in Ventura and Santa Paula, California, under the names Ventura Community Bank and Santa Paula Community Bank.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link(R) ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX(R), The Best Marketplace; OTCQB(R), The Venture Stage Marketplace; and OTC Pink(R), The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group Inc.