NEW YORK, Nov. 19, 2014 /PRNewswire/ -- OTC Markets Group Inc. ( OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced First Resource Bank (Exton, PA) ( OTCQX: FRSB), a locally owned and operated Pennsylvania state-chartered bank, has qualified to trade on OTCQX®, the best marketplace.
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.
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. 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.
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.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.