OTC Markets Group Welcomes CNB Bank Shares to OTCQX

NEW YORK, Sept. 11, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced CNB Bank Shares, Inc. (OTCQX: CNBN), a full-service bank with customers throughout south-central Illinois, suburban southwestern Chicago and the St. Louis metropolitan area has qualified to trade on the OTCQX® Best Market.  CNB Bank Shares was previously privately-held.

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

"CNB Bank Shares joins more than 80 community and regional banks that choose to trade on our OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.  "OTCQX offers banks a transparent public market alternative to a U.S. stock exchange listing, creating efficiencies for management teams by reducing costs and duplicative compliance requirements. We look forward to supporting the company as it builds long-term shareholder value."

"We are excited to make the transition to OTCQX. The additional liquidity and visibility should be a significant benefit to our shareholders," said Jim Ashworth, president of CNB Bank Shares, Inc.

CNB Bank Shares was sponsored for OTCQX by Keefe Bruyette & Woods, Inc., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership. 

About CNB Bank Shares

CNB Bank Shares, Inc. provides a full range of banking services to individual and corporate customers throughout south-central Illinois, suburban southwestern Chicago, and the St. Louis metropolitan area. The original institution was founded in Carlinville in 1888, expanding through four previous whole-bank acquisitions over the past 22 years, including one bank that was established in 1854. For all other information, visit www.cnbil.com.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

Subscribe to the OTC Markets RSS Feed

Media Contact:

OTC Markets Group Inc., +1 (212) 896-4428, [email protected]

View original content to download multimedia:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-cnb-bank-shares-to-otcqx-300709934.html

SOURCE OTC Markets Group Inc.