OTC Markets Group Welcomes Greater Hudson Bank to OTCQX®

NEW YORK, July 10, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Greater Hudson Bank, N.A. (NY) (OTCQX: GHDS), a community bank serving the Hudson Valley region of New York State, has qualified to trade on OTCQX®, the best marketplace.

Greater Hudson Bank begins trading today on OTCQX under the symbol "GHDS."  U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"We are pleased to welcome Greater Hudson Bank, our tenth bank to join the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group.  "Greater Hudson joins other financially-strong, shareholder-friendly banks that have chosen to trade on OTCQX to provide their investors with transparent trading and convenient access to their news and disclosure.  We wish Greater Hudson's management team all the best as they take this important step and look forward to working with them for many years to come." 

"We are looking forward to the added visibility and exposure opportunities that the OTCQX market offers to our Bank.  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," said Ed Lutz, President and CEO of Greater Hudson Bank. 

StockCross Financial Services Inc. ("STXG") serves as Greater Hudson Bank's Corporate Broker on OTCQX.

Greater Hudson Bank, N.A., founded in 2002, is headquartered in Middletown, New York. The Bank has 5 branches which are located in Middletown, Monroe and Warwick, Orange County, New York; Bardonia, Rockland County, New York; and White Plains, Westchester County, New York.  The Bank is chartered by the Office of the Comptroller of the Currency and its deposits are insured by the Federal Deposit Insurance Corporation.  As evidence of the Banks' financial strength, Greater Hudson Bank has been recognized with a superior rating by the country's leading independent bank rating and research firm, BauerFinancial, Inc.  Further information can be found on the Bank's website at www.GreaterHudsonBank.com.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Stage Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.

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

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SOURCE OTC Markets Group Inc.

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