FREDERICKSBURG, Va., June 15, 2017 /PRNewswire/ -- Virginia Partners Bank is pleased to announce that their common stock is now trading, under the symbol "PTRS", on the OTC Market exchange. "This will provide our shareholders with greater liquidity, open up our stock to a broader audience, and increase the visibility of our company," said Lloyd B. Harrison, president and CEO. "This is part of the Bank's deliberate strategy to position itself for growth."
Since it was founded in 2008, the Bank has grown to $372 million in assets. Virginia Partners Bank operates three full-service branches in the Fredericksburg, VA market as well as locations in Maryland, where it trades under the name "Maryland Partners Bank (a division of Virginia Partners Bank)". In 2015, the Bank opened a full-service branch and commercial banking office in La Plata, MD and is continuing its growth strategy with the establishment of a Loan Production Office in Annapolis, MD, which opened in January, 2017.
Virginia Partners Bank is also pleased to announce that FIG Partners, LLC, a banking industry specialist, has committed to provide market making services to our shareholders.
About FIG Partners, LLC
FIG Partners LLC is an employee-owned broker/dealer specializing in financial institutions. Their expertise includes independent research on more than 120 public bank stocks and the industry at large. They provide strategic advice and have advised on more than $2.6 billion of M&A transaction value since 2007. They are OTC market-makers for 750 banks nationwide.
FIG Partners' Corporate & Private Client Services team will assist Virginia Partners Bank shareholders with any questions or inquiries regarding market making or FIG Partners. The Corporate & Private Client Services team consists of Mr. Acampora, who has over 30 years of experience working with individual shareholders of community banks, and Troy N Carlson, who has more than 20 years of experience as a strategic advisor to community banks, thrifts and their executives. Please contact Mr. Acampora or Mr. Carlson if you have interest in buying or selling stock in Virginia Partners Bank. Their contact information is below:
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SOURCE Virginia Partners Bank