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The Newsroom


FOR IMMEDIATE RELEASE

CONTACT:
Barbra Anderson
Director of Marketing
CommunitySouth Bank & Trust
864-306-2540 x125
banderson@csbat.com

COMMUNITYSOUTH BANK & TRUST AWARDS SCHOLARSHIP TO
UNIVERSITY OF SOUTH CAROLINA UPSTATE STUDENT

Upstate, SC -- September 13, 2006 -- CommunitySouth Bank & Trust (OTCBB: CBSO) today announced Chadrick Lynn Robinson has been named the 2006-2007 recipient of its University of South Carolina Upstate scholarship.

The $1,000 CommunitySouth Scholarship was awarded to the 20-year-old junior majoring in business management at USC Upstate. The scholarship was presented by David A. Miller, CommunitySouth President and USC Upstate graduate, and Dr. Darrell Parker, Dean of the School of Business Administration and Economics at USC Upstate.

“I have always wanted to open my own business,” says Robinson, who obtained his cosmetology license when he was 17 and plans to follow in his grandfather’s footsteps by opening a barbershop when he graduates. He is considering Atlanta as a possible location for his business, and he frequently attends trade shows and seminars in the cosmetology field.

“CommunitySouth Bank is an Upstate bank dedicated to excellence in customer service and giving back to the communities we serve,” said Miller, who created the scholarship. "As a graduate of USC Upstate and co-founder of CommunitySouth, it is our hope that this scholarship will help other local graduates succeed and prosper in the Upstate like CommunitySouth has.”

The CommunitySouth Bank & Trust Scholarship is awarded annually to a rising junior, majoring in business, with 60 hours of earned credit with a 3.0 GPA. The candidate must also demonstrate financial need.

For additional information on the CommunitySouth Bank & Trust Scholarship, please contact Dr. Darrell Parker at (864) 503-5566 or dparker@uscupstate.edu.

# # #

CommunitySouth Bancshares, Inc. (OTCBB: CBSO) commenced operations in the Upstate of South Carolina on January 18, 2005.  Fueled by the largest initial public offering ever for a South Carolina-based bank, the company capitalized with $30 million and has since grown assets to over $220 million.  In operation for less than two years, CommunitySouth is one of the fastest growing de novo banks in the country, compared to peer banks that also opened during the first quarter of 2005.

CommunitySouth is headquartered in Easley, South Carolina and plans to cover the entire Upstate market.  Currently the bank operates full-service offices in Easley, Mauldin, Spartanburg and Anderson, and plans to open a full-service office in Greer in late 2006. 

CommunitySouth offers a complete line of banking products and services, including commercial, consumer and mortgage loans, personal and business checking and savings accounts, free online banking with bill pay, a nationwide free ATM network, free business courier service, automated telebanc, courtesy overdraft coverage, and more.  

For additional information about CommunitySouth, call 864-306-2540 or visit www.communitysouthbankandtrust.com.


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