OTC Markets Group Welcomes Communities First Financial Corporation to OTCQX®
NEW YORK, Dec. 18, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Communities First Financial Corporation ("Communities First") (OTCQX: CFST), the parent company of Fresno First Bank in Central California, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.
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Communities First begins trading today on OTCQX under the symbol "CFST." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are proud to welcome Communities First Financial Corporation to the family of established, shareholder-friendly community banks on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will provide Communities First a shareholder-friendly trading experience through peer benchmarking, dedicated capital market support and enhanced visibility with investors nationwide. We look forward to supporting Communities First's continued growth and success on OTCQX."
"We are pleased that Communities First was approved to trade on the OTCQX marketplace," said Steve Canfield, Communities First's Chief Financial Officer. "We believe the OTCQX marketplace will provide better visibility and exposure to the company, which over time will improve the liquidity of our shares consistent with our commitment to increase shareholder value."
D.A. Davidson & Co., through its division Crowell, Weedon & Co., serves as Communities First's Corporate Broker on OTCQX.
Communities First Financial Corporation is the recently formed parent holding company of Fresno First Bank, a community bank incorporated on July 14, 2005, and dedicated to meeting the banking needs of businesses, professionals and successful individuals in Central California.
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 better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, 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.
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Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
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SOURCE OTC Markets Group Inc.
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