NEW YORK, Oct. 1, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Mars National Bancorp, Inc. (OTCQX: MNBP), the newly-formed holding company for Mars National Bank in Pennsylvania, has qualified to trade on OTCQX®, the best marketplace.
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Mars National Bancorp begins trading today on OTCQX under the symbol "MNBP." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are thrilled to welcome Mars National Bancorp, the 21st community bank or bank holding company and sixth Pennsylvania-based bank to join the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Qualifying to trade on OTCQX confirms Mars National Bancorp as a well-managed, strongly-capitalized financial institution that is committed to providing transparent disclosure and trading to its shareholders."
"We are pleased to be a part of the OTCQX marketplace," said James V. Dionise, President and CEO of Mars National Bancorp. "This is another significant step as we continue to grow a 21st-century community bank to best serve our shareholders, customers, employees and communities."
Boenning & Scattergood, Inc. serves as Mars National Bancorp's Corporate Broker on OTCQX.
Mars National Bancorp is the holding company for Mars National Bank. Mars National Bank is a national association located in Pennsylvania. The bank derives its principal sources of revenue from its residential and commercial real estate portfolios, commercial, industrial and consumer loans, investment securities portfolio, as well as a variety of deposit services offered to its customers through five branch offices, which are located in northern Allegheny and southern Butler counties.
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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SOURCE OTC Markets Group Inc.