Upstate, SC -- May 29, 2007 -- CommunitySouth Bank & Trust held its official ribbon-cutting ceremony to celebrate the opening of its newest Upstate branch, located at 530 West Wade Hampton Boulevard in Greer, on Thursday, April 19, 2007.
The ceremonial ribbon was cut by Greer Chamber of Commerce President & CEO John Kimbrell, CommunitySouth Chief Executive Officer C. Allan Ducker, III, President David A. Miller, and Greer City Executive Wayne McKinney. Also in attendance was Greer Mayor Pro Tem Joseph Baldwin, CommunitySouth Greer Advisory Board members Bill Tyler of Chick-Fil-A, Chuck Langston of Langston & Black Real Estate, and Chris Moon of Moon & McManus Builders and Developers.
“Greer is one of South Carolina’s fastest growing cities and we’re one of the state’s fastest growing start-up banks,” said Ducker. “CommunitySouth is an Upstate bank and you can’t call yourself an Upstate bank without having a presence in Greer.”
The Spring Into Greer Event was an intimate cocktail reception featuring a live musician, free door prizes including custom golf umbrellas, a professional grade barbeque grill set, and a copper patio fire pit. Hors d’oeuvres were provided by Lunch n’ Such Café in Greer while the featured dessert was an assortment of freshly baked cookies from CommunitySouth’s Free Refreshment Center.
Over 70 customers, Bank personnel, chamber members, and local citizens attended the event to help celebrate the Bank’s newest branch.
The Bank’s Greer office occupies a newly constructed 2,100 square foot freestanding building on Wade Hampton Boulevard. The branch features a spacious lobby, a full-service teller line, two drive-up windows, 24-hour drive-up ATM, and a night depository. The lobby is home to CommunitySouth Bank & Trust’s signature Free Refreshment Center complete with coffee, soft drinks, spring water, and freshly baked cookies.
The branch is open six days a week with extended banking hours; Monday through Friday from 8:00 a.m. to 6:00 p.m. and Saturday from 9:00 a.m. to 12:00 p.m.
About CommunitySouth Bank & Trust:
CommunitySouth Bank & Trust (OTCBB: CBSO) commenced operations in the Upstate of South Carolina on January 18, 2005. After completing the largest initial public offering ever for a South Carolina-based bank at the time, the Company capitalized with $30 million and has since grown assets to over $300 million.CommunitySouth is one of the fastest growing and most profitable 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 currently operates full-service banking offices in Easley, Mauldin, Spartanburg, Anderson and Greer, and plans to open additional offices in Greenville and Spartanburg in 2007.The Company also operates a full-service mortgage division.
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 and bill pay, nationwide free ATMs, free business courier service, remote deposit service, courtesy overdraft coverage, and more.
For additional information, please call us at 864-306-2540, toll-free at 864-421-CSBT, or visit: www.communitysouthbankandtrust.com.
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Certain statements in this news release contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to future profitability, growth, plans and expectations, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties, and other factors, such as a downturn in the economy, greater than expected non-interest expenses or excessive loan losses, which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. For a more detailed description of factors that could cause such differences, please see our filings with the SEC.
Although we believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, we can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by our company or any person that the future events, plans, or expectations contemplated by our company will be achieved. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
