Reduce liability for losses on commercial accounts by adhering to four requirements.
Monarch Community Bancorp to Begin Trading on OTCQB Marketplace
Sept 20 - Monarch Community Bancorp Inc., (OTCQB:MCBF), the Michigan bank holding company of Monarch Community Bank, Coldwater, Mich., announced on Sept. 10, 2012, that it was delisting its common stock from the Nasdaq Global Market and it is now trading on the OTCQB Marketplace. In a release issued on Sept. 10, the company incorrectly stated that it would begin trading on the Nasdaq OTCQB rather than the OTCQB marketplace operated by OTC Markets Group.
Operated by the OTC Markets Group Inc., the OTCQB is a marketplace for OTC traded companies (approximately 4,000) that are reporting with the Securities and Exchange Commission or a bank regulator. The company's common stock will continue to be registered with the SEC under the Securities Exchange Act of 1934.
The company's shares will continue to trade under the symbol MCBF on the OTCQB. Investors will be able to view stock quotes for MCBF on www.otcmarkets.com and through their preferred broker-dealers.
Monarch Community Bancorp is headquartered in Coldwater, Mich., with branches in Coldwater, Marshall, Hillsdale and Union City. The bank also operates eight residential loan production offices in St. Joseph, Kalamazoo, Grand Rapids, Battle Creek, Jackson, East Lansing and Brighton, Mich., along with one in Angola, Ind. A ninth loan production office will be opened in Lenawee County in September. The bank is located at 375 North Willowbrook Road, Coldwater, MI
49036 and its phone number is 517-278-4566.
Additional information about the company and the bank is available at www.MonarchCB.com.