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Community Shores Joins Nasdaq
MUSKEGON — Community Shores Bank Corp., Muskegon’s only locally headquartered independent community bank, began trading its common stock today on the Nasdaq SmallCap Market under the symbol “CSHB.”
The company’s common stock was previously quoted for trading on the OTC Bulletin Board under the same symbol.
Chairman and CEO Jose Infante said the bank is pleased to have met the stringent requirements for trading on the Nasdaq SmallCap Market.
“Since opening in 1999, our goal has been to enhance shareholder value. We believe that the improved liquidity and market visibility resulting from our move to Nasdaq will have a positive impact on our shareholders’ investment in Community Shores.”