The stock of Greater Hudson Bank, a community bank serving the Hudson Valley region, has qualified to trade on OTCQX, a marketplace operated by OTC Markets Group Inc. for securities that trade over the counter.
StockCross Financial Services Inc. will serve as Greater Hudson Bank’s corporate broker on the marketplace.
“We are looking forward to the added visibility and exposure opportunities that the OTCQX market offers to our bank,” said Ed Lutz, president and CEO of Greater Hudson, in a statement. “As a local, community bank, we are committed to the relationship-based model that we have found to be successful and believe this is in harmony with OTCQX’s transparent public marketplace. In addition, the added benefit of having an assigned broker-dealer that is focused solely on community banks as our capital markets advisor will help us to further engage our shareholders and potential investors.”
Greater Hudson Bank was founded in 2002 and is headquartered in Middletown. Its Westchester County branch is in White Plains.