NEW YORK, July 21, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced First Security Inc. (OTCQX: FIIT), the holding company for First Security Bank, Inc., a Kentucky based banking corporation, has qualified to trade on the OTCQX® Best Market. First Security Inc. upgraded to OTCQX from the Pink® market.
First Security Inc. begins trading today on OTCQX under the symbol "FIIT." 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 Security, Inc. to our family of established, investor-focused regional and community banks on the OTCQX market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Trading on OTCQX will help First Security, Inc. increase its profile with investors by providing them with an efficient public market without the pain of an exchange listing, saving significant time and money."
"First Security, Inc. is excited to become part of the OTCQX market. This step ensures that the investment community can analyze, value, and trade their securities more easily," stated Michael F. Beckwith, President and CEO of First Security, Inc.
Raymond James serves as First Security Inc.'s Corporate Broker on OTCQX.
First Security, Inc., a Kentucky corporation, is the holding company for First Security Bank, Inc., a Kentucky based banking corporation. The Bank is a full-service community financial institution serving the Owensboro, Lexington and Bowling Green, Kentucky and Evansville, Indiana areas. The Bank offers a variety of financial services to its customers, including the making of loans and receipt of deposits. The Bank's deposit products include various checking, savings, money market and certificate of deposit accounts. The Bank's loan products include a variety of individual and corporate secured and unsecured products. The bank also offers Internet banking and mobile banking that allow customers to access account information and transact efficiently. Certain corporate customers utilize remote deposit capture, a service offered by the Bank that enables customers to deposit checks remotely. Additionally, other services are offered including wealth management and brokerage services, through LPL Financial.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
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