New Downtown Location To Replace Current Loan Production Office
October 5, 2005, Easley, S.C. – CommunitySouth Bank & Trust today announced plans to open a permanent 7,000 square foot full-service Spartanburg banking office at 541 East Main Street. The three story building is across from Converse College at the intersection of East St. John Street and East Main Street. The target date for opening is January 15, 2006.
CommunitySouth currently operates a loan production office in Spartanburg located at 319 North Pine Street. This operation will move to the top floor of the East Main Street building on October 8th. When the full-service banking office is completed in January, the banking operation will move to the ground floor of the location.
The renovations to the Main Street building are extensive. The entire 7,000 square foot ground floor has been completely cleared in a demolition process and work is set to begin on rebuilding the interior of the building. The new facility will include a greeting station near the entrance to efficiently serve customers as soon as they step through the door. The facility will have a large relaxed lobby area, a conference center, and an onsite ATM. Eight professional offices will house the Spartanburg City Executive, branch staff, commercial lending area and eventually a mortgage lending department.
The President of the bank, David A. Miller, will have a personal office at the Spartanburg Main Street location. “Being a resident and native of Spartanburg along with five of our other Spartanburg board members, I feel that it is important for the people of Spartanburg to know CommunitySouth is intently focused on delivering responsive local service by people who truly care about the Spartanburg community,” said Mr. Miller. “Quality Service is our number one corporate goal and we believe in treating customers as we would like to be treated. At CommunitySouth you are not just a customer, you are a friend.”
Commenting on this news, C. Allan Ducker, III, Chief Executive Officer of CommunitySouth stated that “We are excited about our new facility in Spartanburg. I am extremely proud to have David Miller, along with our other Spartanburg directors representing CommunitySouth in Spartanburg. Their do business attitudes and personal integrity will certainly be a positive contribution to the Spartanburg community.”
CommunitySouth Bank & Trust was founded by Mr. Miller and Mr. Ducker and began operations in the upstate on January 18th of this year. Fueled by the largest initial public offering ever for a bank in South Carolina history, the company capitalized with $30 million and has grown total assets to $122 million since operations began in January. CommunitySouth is headquartered in Easley, SC and plans to cover the entire upstate market. Currently, the bank operates a full service office in Easley and plans to open full service offices in Mauldin and Spartanburg within the next three months. The bank also has a loan production office in Greenwood that they plan to convert to a full service branch in 2006. CommunitySouth offers a complete line of banking products and services, including commercial loans, consumer loans, mortgage loans, checking accounts, savings accounts, and certificates of deposits. For additional information about CommunitySouth call (864) 573-6347 or visit www.communitysouthbankandtrust.com.
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