NEW YORK, May 6, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced F&M Bank Corp. (OTCQX: FMBM), the holding company for Farmers & Merchants Bank serving Rockingham, Shenandoah, Page and Augusta counties in the Shenandoah Valley of Virginia, has qualified to trade on the OTCQX® Best Marketplace.
F&M Bank Corp. begins trading today on OTCQX under the symbol "FMBM." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Founded in 1908, Farmers & Merchants Bank has been serving the financial needs of individuals and businesses in the Shenandoah Valley for over 100 years," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "We are proud to welcome F&M Bank Corp. to our OTCQX marketplace and look forward to supporting the company in its continued growth."
"We are pleased that F&M Bank Corp. has been approved to trade on the OTCQX Marketplace," stated Neil Hayslett, F&M Bank Corp.'s Chief Administrative Officer. "As a 100+ year old financial institution, our shareholder base continues to grow and change. The increased visibility and transparency of the OTCQX Marketplace is a perfect fit for our shareholder base and should lead to greater liquidity and increased shareholder value over time."
FIG Partners LLC serves as F&M Bank Corp.'s Corporate Broker on OTCQX. For more information, investors can contact Shanon Chase from FIG Partners at (404) 601-7214.
F&M Bank Corp. is an independent community bank holding company offering a full range of financial services through its subsidiary, Farmers & Merchants Bank. The bank serves the counties of Rockingham, Shenandoah, Page and Augusta in the Shenandoah Valley of Virginia.
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.
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