KNOXVILLE, TN — January 29, 2019 — Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), the Knoxville, Tennessee-based bank holding company and parent of Mountain Commerce Bank (MCB), announced today that it has been named to the 2019 OTCQX® Best 50, an annual ranking of top performing US and international companies traded on the OTCQX Best Market last year.
The OTCQX Best 50 ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the prior calendar year. Companies named to the 2019 OTCQX Best 50 were ranked based on their performance during 2018.
“In our first full year of trading on the OTCQX Best Market, MCB’s strong performance landed us at #27 on the OTCQX Best 50 list,” said Bill Edwards, MCB’s president and chief executive officer. “This amazing achievement is testimony to the solid foundation MCB has built over the last decade, and the diligent efforts of every member of our team. We’re honored by this acknowledgement and grateful for the recognition.”
For the complete 2019 OTCQX Best 50 ranking, visit www.otcmarkets.com/files/2019_OTCQX_Best_50.pdf.
About Mountain Commerce Bancorp Inc. and its subsidiary Mountain Commerce Bank:
Mountain Commerce Bancorp, Inc. is a bank holding company and the parent of Mountain Commerce Bank (MCB). MCB is a state-chartered, FDIC-insured, century-old, financial services institution headquartered in Knoxville, Tennessee and serving East Tennessee.
Through Hometown Service and Smart Technology, MCB offers big bank products and services, with the personal attention and exceptional service of a hometown community bank.
At the end of December 2018, MCB had $849.1 million in total assets and $718.7 million in total deposits.
MCB received a five-star rating (the highest) from BauerFinancial, a financial rating agency, and Mountain Commerce Bancorp Inc. was named to the 2019 OTCQX® Best 50, an annual ranking of top performing US and international companies traded on the OTCQX Best Market in 2018.
MCB currently employs more than 80 individuals at five branches and one operations office. For more information, visit us at www.mcb.com or check your account any time at 1-866-MCB-1910. MCB is an equal opportunity employer.
About The OTCQX Best Market:
The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws and have a professional third-party sponsor introduction.
The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications.