Financial Services

Cortland Bancorp Rings Nasdaq Closing Bell

CORTLAND, Ohio — Cortland Bancorp directors and bank officers officially marked the company’s new listing on the Nasdaq capital market stock exchange by ringing the closing bell on Friday.

President and CEO James Gasior led the group of nearly 20 to New York for the closing bell ceremony. This is the first time the bank has participated in the closing bell since the company started trading shares of its common stock under the CLDB Nasdaq symbol on March 8.

“Transitioning to the Nasdaq capital markets was a major step for us, so it was exciting to be able to participate in this memorable event,” Gasior said. “There were a lot of people who worked hard to help get us to this milestone, and I’m happy that many of them were able to represent the Bank in New York.”

Cortland Bancorp, headquartered here, is a bank holding company with total assets in excess of $674 million. The bank operates 14 full-service banking centers and an LPO office in Fairlawn, and recently opened its 14th full-service banking center in Strongsville in early February 2019, marking the third new branch in the past four years.

Copyright 2019 The Business Journal, Youngstown, Ohio.