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OTC Markets Group Welcomes Sturgis Bancorp to OTCQX®

STBI, OTCM

NEW YORK, Dec. 31, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Sturgis Bancorp, Inc. (OTCQX: STBI), the holding company for Sturgis Bank & Trust Company in Sturgis, Michigan, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.

Logo -  http://photos.prnewswire.com/prnh/20110118/MM31963LOGO

Sturgis Bancorp begins trading today on OTCQX under the symbol "STBI."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"We are proud to welcome Sturgis Bancorp to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group.  "Founded in 1905, Sturgis Bank & Trust Company has been serving the financial needs of residents and businesses in southwest Michigan and northern Indiana with quality products and personal care for over 100 years.  We look forward to supporting Sturgis Bancorp as the company grows and increases its engagement with new and existing shareholders."

Boenning & Scattergood, Inc. serves as Sturgis Bancorp's Corporate Broker on OTCQX.

Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company and its subsidiaries, Oakleaf Financial Services, Inc. and Oak Mortgage, LLC.  Sturgis Bancorp, Inc. provides a full array of trust, commercial and consumer banking services from 11 banking centers in Sturgis, Bronson, Centreville, Climax, Colon, South Haven, Three Rivers and White Pigeon, Michigan. Oakleaf Financial Services offers a complete range of investment and financial-advisory services.  Oak Mortgage offers residential mortgages in all of the markets served by Sturgis Bank & Trust Company.  

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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-sturgis-bancorp-to-otcqx-300014696.html

SOURCE OTC Markets Group Inc.



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