President of Mlend William Poffenbarger stated, "We are looking forward to this next chapter with
CMHF and Middletown Valley Bank.
Consistent with the Bank's common stock, effective tomorrow, the common stock of the company will be quoted on the OTC Pink market of the OTC Markets Group quotation system under the symbol "
CMHF."
(OTC Pink Marketplace:
CMHF) has declared a quarterly cash dividend of USD 0.03 per share on its common stock, the company said.
(OTCPink:
CMHF) is the parent holding company of Middletown Valley Bank, which conducts full service commercial and retail banking services.
(OTC:
CMHF), the parent holding company of Middletown Valley Bank, has said that it will be acquiring Millennium Financial Group (Mlend), a privately held, full-service residential mortgage lender.
(OTC:
CMHF), have said that they have completed the process of reorganising into a bank holding company structure, which was approved by the bank's stockholders at its 2018 annual meeting.