ALTAVISTA, Va., June 15, 2015 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation's (OTCQX:PPBN) common stock has qualified and is trading on the OTCQX® Best Marketplace under the symbol "PPBN" as of June 11, 2015. Pinnacle's stock previously traded on the OTCQB® Venture Marketplace. U.S. investors can access current financial disclosures and Real-Time Level 2 quotes for Pinnacle at www.otcmarkets.com.
"We are pleased to upgrade Pinnacle Bankshares Corporation's stock to the OTCQX marketplace," stated Aubrey H. Hall, III, President and Chief Executive Officer for the Company. He further commented, "The move to OTCQX will provide shareholders and prospective investors with further assurance as to the quality of financial information made available so that they can analyze, value and hopefully trade our securities."
Monroe Financial Partners Inc. serves as Pinnacle Bankshares' Corporate Broker on OTCQX.
Pinnacle Bankshares Corporation is a locally managed community banking organization based in Central Virginia. The one-bank holding company of First National Bank serves an area consisting primarily of all or portions of the Counties of Campbell, Pittsylvania, Bedford, Amherst and the City of Lynchburg. The Company has a total of eight branches with two located in the Town of Altavista, where the Bank was founded. Other branch locations include Village Highway in Rustburg, Wards Road near the Lynchburg Regional Airport, Timberlake Road in Campbell County, South Main Street in the Town of Amherst, Old Forest Road in the City of Lynchburg and Forest Road in Bedford County. First National Bank is in its 108th year of operation.