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OTC Markets Group Welcomes Wayne Savings Bancshares to OTCQX

Nov 17, 2017

OTC Disclosure & News Service

- OTC Markets Group Welcomes Wayne Savings Bancshares to OTCQX

OTC Markets Group Welcomes Wayne Savings Bancshares to OTCQX

PR Newswire

NEW YORK, Nov. 17, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Wayne Savings Bancshares, Inc. (OTCQX: WAYN), the bank holding company for Wayne Savings Community Bank in Ohio, has qualified to trade on the OTCQX® Best Market. Wayne Savings Bancshares previously traded on NASDAQ.

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

"We are delighted to welcome Wayne Savings Bancshares to OTCQX, joining the growing number of community banks that have chosen to voluntary delist and begin trading on OTCQX for Banks," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "OTCQX provides an efficient, transparent and less resource-intensive alternative to a U.S. stock exchange listing for financial institutions that are committed to providing a shareholder-friendly trading experience for their investors."

"Wayne Savings Bancshares, Inc. will continue to provide information about the Company's performance on the OTC Markets website utilizing this resource as a more cost efficient tool to enhance the goal of increased shareholder value," stated Myron Swartzentruber, Chief Financial Officer of Wayne Savings Community Bank.

About Wayne Savings Bancshares, Inc.
Established in 1899, Wayne Savings Community Bank, the wholly owned subsidiary of Wayne Savings Bancshares, Inc., has eleven full-service banking locations in the communities of Wooster, Ashland, Millersburg, Rittman, Lodi, North Canton, and Creston, Ohio. Additional information about Wayne Savings Community Bank is available at www.waynesavings.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, 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 is 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, media@otcmarkets.com

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SOURCE OTC Markets Group Inc.

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The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.