NEW YORK, Sept. 19, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced NASB Financial, Inc. (OTCQX: NASB), a $1.2 billion-asset unitary thrift holding company of North American Savings Bank, F.S.B., has qualified to trade on OTCQX®, the best marketplace for established U.S. and global companies. The company's common stock previously traded on the NASDAQ Capital Market from which it voluntarily delisted effective September 18, 2014.
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NASB Financial will begin trading today on OTCQX under the same stock symbol, "NASB." 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 NASB Financial to the growing family of shareholder-friendly community banks and thrifts on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "OTCQX is an alternative to a stock exchange for established U.S. community and regional banks that allows them to leverage their already stringent regulatory reporting process while providing an exchange-equivalent trading experience, peer benchmarking and dedicated capital market support. We are thrilled NASB has chosen to qualify for trading on the OTCQX marketplace and wish the company continued success and growth."
Keefe Bruyette and Woods, Inc. serves as NASB Financial's Corporate Broker on OTCQX and is responsible for providing guidance on the trading of the company's stock and facilitating relationships with institutional investors, investment bankers and other market participants.
NASB Financial, through its banking subsidiary, North American Savings Bank (the "Bank"), operates six offices in greater Kansas City, Missouri and others in Harrisonville, St. Joseph, and Excelsior Springs, Missouri. The Bank, a nationwide residential mortgage lender, also has loan origination offices in greater Kansas City, Missouri.
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
SOURCE OTC Markets Group Inc.