The Victory Bancorp, Inc. (OTC-Pink:VTYB) announced today that the Company's application for its Common Stock to become eligible for deposit at the Depository Trust Company (DTC) has been approved.
The DTC, a subsidiary of the Depository Trust & Clearing Corporation (DTCC), manages the electronic clearing and settlement of publicly-traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities expedites the receipt of stock and cash, and, thus, accelerates the settlement process for investors and brokers.
About The Victory Bancorp, Inc.
The Victory Bancorp, Inc. is the parent company of The Victory Bank, a Pennsylvania state chartered commercial bank, headquartered in Limerick, Pennsylvania. The Victory Bank was established in 2008. Victory provides high quality banking services to small and mid-sized businesses and professionals through its two offices located in Montgomery and Berks Counties, Pennsylvania. As of December 31, 2017, The Victory Bank had total assets of $220.7 million, total deposits of $190.0 million, and total equity of $19.8 million. Additional information about Victory Bancorp is available on its website, www.victorybank.com.

