FFB Bancorp Announces Ticker Symbol Change

Rhea-AI Summary

FFB Bancorp receives approval to change ticker symbol from 'CFST' to 'FFBB' as part of its expansion strategy in Northern and Southern California. Bank adds senior bankers and opens positions for business development officers in these areas.

FRESNO, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- FFB Bancorp, formerly Communities First Financial Corporation (the “Company”) (OTCQX: FFBB), the parent company of FFB Bank (the “Bank”), announced today that it has received approval from FINRA to officially change its ticker symbol from “CFST” to “FFBB” effective at the market open on August 30, 2023. The Company’s common stock will continue to be traded on the OTCQX and the CUSIP number will not be changing.

The decision to change the ticker symbol was made to align with the renaming of the Company to FFB Bancorp and its subsidiary to FFB Bank, which occurred earlier this year. These changes are part of the Company’s Northern and Southern California expansion strategy and were chosen to better resonate with new customers in these markets, and eventually the greater U.S. Steps toward this expansion have already taken place, with the Bank recently adding senior bankers to their growing teams in Northern and Southern California. Similarly, the Bank has opened positions for business development officers in these areas as part of its efforts to connect with clients in the different regions of California.

About FFB Bancorp

FFB Bancorp is a bank holding company established in 2014 and the parent company of FFB Bank, founded in 2005 in Fresno, California. FFB Bank’s primary focus is on serving the needs of businesses, professionals and successful individuals. As a leading SBA Lender in California’s Central Valley and one of the few direct acquiring banks in the United States, FFB offers clients a range of personal and business checking accounts, payment processes, and loan programs. Among the Bank’s awards and accomplishments, it was ranked #4 on American Banker’s list of the Top 200 Publicly Traded Banks under $2 Billion in Assets for 2022. For 2022, the Bank was also ranked by S&P Global as the #18 best performing community bank under $3 billion in assets. Additionally, the Bank was also ranked #4 in American Banker’s Top 5 Community Banks in the Country for 2023. FFB Bancorp has also received recognition as part of the OTCQX Best 50 Companies for both 2019 and 2023 and as one of the top performing OTCQX companies in the country for 2018. For additional information, you can visit the Company’s website at www.ffb.bank or by contact a representative at 559-439-0200.

Member FDIC

Contact: Steve Miller – President & CEO
Bhavneet Gill – Executive Vice President & CFO
(559) 439-0200