Easley, SC -- July 18, 2007 -- CommunitySouth Bank & Trust (OTCBB: CBSO) recently donated $1,000 to the Big League Baseball World Series.
The international event, held July 28 to August 4, will be held for the seventh consecutive year at the JB “Red” Owens Recreation Complex in Easley, SC. Players age 16 to 18 years old participate in the tournament.
“We are a locally owned and operated community bank and make it a priority to give back to our community,” said C. Allan Ducker, III, Chief Executive Officer of CommunitySouth. "We are pleased to support the Big League Baseball World Series.”
The event kicks off July 27 with a free Friday Night Fan Fest featuring a Home Run Derby, free concerts by the Catalinas and the Ricky Godfrey Band, and a fireworks show. One of the tournament’s highlights is the Championship Game. The game will be aired live on ESPN on Saturday, August 4th at 1:00 p.m.
For additional information on the Big League Baseball World Series, please call 864-644-6000 or visit www.bigleagueworldseries.org.
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 $320 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 2007/2008.The Company also operates investment, insurance and full-service mortgage divisions.
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.
CommunitySouth’s stock is quoted on the Over the Counter Bulletin Board Quotation System under the symbol CBSO.
For additional information, please call us at 864-306-2540, toll-free at 864-421-CSBT, or visit: www.communitysouthbankandtrust.com.
# # #
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.
