OTC Markets Group Welcomes CBB Bancorp, Inc. to OTCQX

NEW YORK, April 4, 2019 /PRNewswire/ -- OTC Markets Group Inc. OTCM, operator of financial markets for 10,000 U.S. and global securities, today announced CBB Bancorp, Inc. CBBI, the holding company of Commonwealth Business Bank, has qualified to trade on the OTCQX® Best Market.  CBB Bancorp upgraded to OTCQX from the OTCQB® Venture Market.

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

"CBB Bancorp, with over $1 billion in assets, joins more than 85 community banks trading on the OTCQX Best Market," said Jason Paltrowitz, EVP of Corporate Services of OTC Markets Group. "Upgrading to the OTCQX Market will enable CBB Bancorp to provide its investors with efficient trading and easier access to its disclosures. We look forward to working with CBB Bancorp as it builds visibility in the public market."

"We are pleased to join the OTCQX Market," stated Ms. Joanne Kim, President and Chief Executive Officer of CBB Bancorp, Inc.  "It will ensure that our potential investors have more access and efficient trading to our stock while providing additional liquidity to our existing shareholder base.  We look forward to working with OTC Markets Group."

Raymond James & Associates acted as the company's Corporate Broker.

About CBB Bancorp, Inc.
CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in small-to medium-sized businesses and does business as "CBB Bank". The Bank has eight full-service branches in Los Angeles, Orange and Dallas Counties; two SBA regional offices in Los Angeles and Dallas Counties; and six production offices in the states of Texas, Georgia, Colorado, Utah, and Washington. It is currently headquartered at the "Equitable Building" in the downtown Los Angeles area of California. Its mission is to build financial relationships, one client at a time.

For additional information, please go to www.cbb-bank.com.

About OTC Markets Group Inc.
OTC Markets Group Inc. 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 SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com 

SOURCE OTC Markets Group Inc.