NEW YORK, Dec. 21, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced Athens Bancshares Corporation (OTCQX: AFCB), the holding company for Athens Federal Community Bank, N.A. in Athens, Tennessee, has qualified to trade on the OTCQX® Best Market. Athens Bancshares previously traded on the NASDAQ Capital Market.
Athens Bancshares begins trading today on OTCQX under the symbol "AFCB." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are excited to welcome Athens Bancshares to our growing family of established, investor-focused community banks on the OTCQX market," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "OTCQX provides an efficient and transparent public trading market for U.S. financial institutions without the high cost and often duplicative reporting requirements of a national stock exchange listing. We look forward to helping Athens Bancshares build a robust market for its securities."
"We look forward to a long term relationship with OTC Markets Group. OTCQX is an informative and transparent trading market for financial institution holding companies like AFCB. We are excited to be a part of the OTCQX market," said Jeffrey L. Cunningham, President and CEO of Athens Bancshares.
Raymond James & Associates, Inc. serves as Athens Bancshares' Corporate Broker on OTCQX.
Athens Bancshares is the holding company for Athens Federal Community Bank, N.A., a federally chartered community bank which provides a variety of financial services to individuals and corporate customers through its seven branches located in Athens, Sweetwater, Etowah, Madisonville, and Cleveland, Tennessee.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through our OTC Link® 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 markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market. 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 markets, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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