Friday, June 1, 2012

Aquesta Bank stock to trade over-the-counter

Cornelius-based Aquesta Bank announced this week that its common stock is now trading over the counter under the ticker ATBK.

The bank currently has about 600 shareholders, most of them local. Raymond James will make a market for the stock.

"This greatly enhances our shareholder liquidity and provides a much easier mechanism for our local customers to become owners in the leading community bank of the Lake Norman area," CEO Jim Engel said in a statement.