EXTON, Pa., Nov. 19, 2014 /PRNewswire/ -- First Resource Bank (OTCQX: FRSB) is pleased to announce that it has qualified to trade on OTCQX, a marketplace for established global and growth companies, including community and regional banks.
First Resource Bank begins trading today on OTCQX under the symbol "FRSB". 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 First Resource Bank to the growing family of shareholder-friendly community banks on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX allows established U.S. community and regional banks to leverage their already stringent regulatory reporting process to qualify while providing an exchange-equivalent trading experience, peer benchmarking and dedicated capital market support. We are thrilled First Resource Bank has chosen to qualify for trading on the OTCQX marketplace and wish the company continued success and growth."
"We believe the OTCQX marketplace is an enhanced public trading market for current and future shareholders of First Resource Bank," said Glenn Marshall, President and CEO of First Resource Bank. "We are pleased to join the other well-capitalized and high performing community and regional banks on the OTCQX marketplace."
FIG Partners LLC serves as First Resource Bank's Corporate Broker on OTCQX.
About First Resource Bank
First Resource Bank is a locally owned and operated Pennsylvania state chartered bank, serving the banking needs of businesses, professionals and individuals in Chester County, Pennsylvania. In addition to its present Exton location, the Bank is expanding its footprint in central Chester County and will be opening an office in West Chester by early 2015. The Bank offers a full range of deposit and credit services with a high level of personalized service. First Resource Bank also offers a broad range of traditional financial services and products, competitively priced and delivered in a responsive manner to small businesses, professionals and residents in the local market. For additional information visit our website at www.firstresourcebank.com.
This press release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand or prices for the bank's financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties.
SOURCE First Resource Bank