NEW YORK, Nov. 16, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced First West Virginia Bancorp, Inc. (OTCQX: FWVP), the parent company of Progressive Bank, N.A. in Wheeling, West Virginia, has qualified to trade on the OTCQX® Best Market. First West Virginia Bancorp previously traded on the New York Stock Exchange's NYSE MKT market.
First West Virginia Bancorp begins trading today on OTCQX under the symbol "FWVP." 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 First West Virginia Bancorp to the OTCQX Best Market," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX allows established, investor-focused companies like First West Virginia Bancorp to continue to provide a transparent, high-quality trading market for its shareholders without the high cost and duplicative regulatory burden of a national stock exchange listing. We look forward to supporting the company's continued growth and prosperity in the public markets."
Boenning & Scattergood, Inc. serves as First West Virginia Bancorp's Corporate Broker on OTCQX.
First West Virginia Bancorp is a West Virginia company headquartered in Wheeling. The company provides a variety of banking services to individuals and businesses through the branch network of its federally insured affiliate bank, Progressive Bank, N.A. The Bank operates nine full service branch offices – three offices in Ohio County, one office in Brooke County, one office in Marshall County, one office in Wetzel County, one office in Upshur County, and one office in Lewis County. The Bank also operates one office in Belmont County, Ohio.
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.
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.