First Greenwich Financial to Trade on OTC
First Greenwich Financial, Inc., parent company of The First Bank of Greenwich, began trading its common stock this week on the OTC Pink market under the symbol “FGFI.” Investors can find information for the company on www.otcmarkets.com and can also contact First Greenwich Financial, Inc. for additional financial information in the public domain. D.A. Davidson & Co. serves as FGFI’s principal market maker (800-394-9230).
“We are pleased be able to provide our loyal shareholders and interested investors in providing liquidity to them by trading on the OTC market,” said George D’Angelo, Chairman of the Board of Directors. “In addition,” he continued, “FGFI will take its place alongside almost 350 other community banks on the OTC Pink market that exhibit a commitment to providing liquidity to their investors and demonstrate the best traditions of personalized banking to their customers.”
First Greenwich’s President and CEO, Frank Gaudio stated: “By trading on the OTC market we not only provide liquidity to our shareholders, but we are also looking to attract interested investors and increase our visibility to
existing and prospective customers.” He continued, “we are delighted to join the ranks of other profitable and financially strong community banking companies who have chosen to trade on the OTC Pink market.”
First Greenwich Financial, Inc. of Cos Cob, Connecticut, is the bank holding company for First Bank of Greenwich, a state chartered and federally insured commercial bank. The Bank operates full-service branches in Cos Cob and Stamford, CT. and Port Chester, NY. It offers banking products and services to individuals and small-to-medium sized businesses.
As of June 30, 2019, the Company had total assets of $388.8 million, total deposits of $312.0 million. For the fiscal year ending December 31, 2019, the Company had net profits of $2.7 million after tax; and, for the six-months ending June 30, 2019, the Company earned $576 thousand after tax. The First Bank of Greenwich is a member of the FDIC.
For more information visit www.greenwichfirst.com or contact CFO, Ronald Moccio at 203-6298400.
To learn more about FGFI visit www.otcmarkets.com.