Commercial National Shares Commence Trading On OTCQX Marketplace

LATROBE, Pa., Sept. 24, 2014 /PRNewswire/ -- Commercial National Financial Corporation (OTCQX: CNAF)(Company), parent Company of Commercial Bank & Trust of PA, has qualified to trade on OTCQX®, the best marketplace.

"OTCQX for banks," an expansion of the OTCQX marketplace, is designed to meet the unique needs of U.S. financial institutions that are established, well-managed, and strongly capitalized. Under a new streamlined reporting process, OTCQX banks may leverage their existing regulatory reporting standards to qualify, and must also meet high financial standards, and be current in their reporting to a bank regulator. OTCQX provides banks with a shareholder-friendly trading experience through peer benchmarking, dedicated capital market support and enhanced visibility.

Keefe Bruyette and Woods, Inc. (KBW) serves as the Company's Corporate Broker on OTCQX. KBW is a FINRA member broker-dealer specializing in trading in and advising banks, that has been appointed by the Company to provide guidance on the trading of its stock and access to institutional investors, investment bankers and other key market participants. 

In addition to Latrobe, Pennsylvania where it is headquartered, the Company operates ten community banking facilities in Greensburg, Hempfield Township, Ligonier, North Huntingdon, Unity Township and West Newton, Pennsylvania and also maintains a commercial business development sales force throughout its entire market area. The Company operates an asset management and trust division of Commercial Bank & Trust of PA headquartered in Greensburg, Pennsylvania. Commercial Bank & Trust of PA also serves its customer base from an Internet banking site (www.cbthebank.com) and an automated TouchTone Teller banking system.

Safe Harbor Statement

Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "to," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. These statements are based on information currently available to the Company, and the Company assumes no obligation to update these statements as circumstances change. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including changes in general economic and financial market conditions, unforeseen credit problems, and the Company's ability to execute its business plans.  The actual results of future events could differ materially from those stated in any forward-looking statements herein.

SOURCE Commercial National Financial Corporation