NEW YORK, Jan. 5, 2015 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced Community Bank of
Santa Maria (CA)(OTCQX: CYSM), a locally-owned community bank
located in Santa Maria, CA, has
qualified to trade on OTCQX®, the best marketplace.
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Community Bank of Santa Maria
begins trading today on OTCQX under the symbol "CYSM." 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 Community Bank of Santa Maria to the OTCQX marketplace," said
R. Cromwell Coulson, President and
CEO of OTC Markets Group. "Community Bank of Santa Maria joins a growing number of small
banks nationwide that are choosing to trade on OTCQX to provide
their shareholders an exchange-comparable trading and information
experience without the duplicative regulatory requirements of a
traditional stock exchange listing. We look forward to
working with Community Bank of Santa
Maria as well as our other OTCQX banks and Corporate Brokers
as we build an active, transparent trading market for small
community and regional banks and their shareholders."
Janet Silveria, President and
Chief Executive Officer of Community Bank of Santa Maria, expressed her enthusiasm, saying,
"We are proud to be represented on OTCQX, and are excited about the
benefits a comprehensive marketplace brings to our existing and
potential shareholders."
D.A. Davidson & Co., through
its division Crowell, Weedon & Co., serves as Community Bank of
Santa Maria's Corporate Broker on
OTCQX.
Community Bank of Santa Maria
is the only locally-owned bank headquartered in Santa Maria, CA. The bank opened on
March 1, 2001, and has three branches
to serve customers in Santa Maria,
Orcutt and Lompoc, CA. It offers loans,
deposits and other traditional banking services to small business
customers and consumers.
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.
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Media Contact:
Saskia
Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
saskia@otcmarkets.com
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SOURCE OTC Markets Group Inc.
