NEW YORK, May 21, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced ChoiceOne Financial Services, Inc. (OTCQX: COFS), the holding company for ChoiceOne Bank in Sparta, MI, has qualified to trade on the OTCQX® Best Marketplace.
ChoiceOne Financial begins trading today on OTCQX under the symbol "COFS." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"ChoiceOne Financial has been supporting the growth of families and businesses in western Michigan for more than a century with a focus on customer care and community building," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are proud to welcome ChoiceOne to the OTCQX marketplace and wish the company and its shareholders continued success."
"We are pleased that ChoiceOne Financial Services, Inc. has been approved to trade on the OTCQX marketplace," said James A. Bosserd, President and CEO of ChoiceOne Financial Services, Inc. "The increased visibility and transparency of the OTCQX marketplace is expected to increase the liquidity of our common stock and ultimately improve shareholder value over time. The transparency of the OTCQX marketplace is consistent with the corporate governance and reporting practices already being followed by ChoiceOne."
Boenning & Scattergood, Inc. serves as ChoiceOne Financial's Corporate Broker on OTCQX.
ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan and the parent corporation of ChoiceOne Bank. ChoiceOne Bank operates 12 full service offices in parts of Kent, Ottawa, Muskegon, and Newaygo Counties in Michigan. ChoiceOne Bank offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. For more information, please visit Investor Relations at ChoiceOne's website at www.choiceone.com.
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® 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 inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® 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.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
SOURCE OTC Markets Group Inc.