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OTC Markets Group Welcomes Carolina Alliance Bank to OTCQX

OTCM

NEW YORK, March 19, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Carolina Alliance Bank (Spartanburg SC) (OTCQX: CRLN), a state-chartered commercial bank serving western North Carolina and upstate South Carolina, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.

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

Carolina Alliance Bank begins trading today on OTCQX under the symbol "CRLN."  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 Carolina Alliance Bank to the growing family of community and regional banks on OTCQX," said R. Cromwell Coulson, President and CEO of OTC Markets Group.  "Trading on OTCQX will help Carolina Alliance Bank increase its profile with new and existing investors through transparent trading and broad distribution of its news and financial disclosure.  We look forward to supporting the bank in its continued growth."

FIG Partners LLC serves as Carolina Alliance Bank's Corporate Broker on OTCQX.  For more information, investors can contact Mike Acampora from FIG Partners at 904-354-0441 or macampora@figpartners.com.

Carolina Alliance Bank is a community bank with seven locations in western North Carolina and upstate South Carolina.  Its primary emphasis is on consumer, private/professional and small- to mid-sized business banking.

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 inform investors of opportunities and risks: the OTCQX® Best Marketplace; the OTCQB® Venture Marketplace; and the OTC Pink® 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-carolina-alliance-bank-to-otcqx-300052640.html

SOURCE OTC Markets Group Inc.



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