Greenville, SC -- October 9, 2007 -- CommunitySouth Bank & Trust today announced Mike Easler and Linda Bindewald will head up the management team for the Bank’s new office on Laurens Road in Greenville.
In his new position as Vice President & Community Banker, Easler is responsible for developing, managing and enhancing business banking relationships in the greater Greenville market by providing a full range of loan, deposit and ancillary services to clients.
Easler has more that 15 years of banking experience, most recently as Relationship Manager at First Citizens Bank. Easler is a native of Greenville and holds a Bachelor of Science degree in Finance from the University of South Carolina.
As Branch Operations Manager of the Bank’s new Greenville office, Bindewald is responsible for overseeing the daily operations of the office, including sales and customer service, providing personalized banking services to personal and business customers, and managing branch staff.
Bindewald has more than eight years of banking and insurance experience, most recently as Associate with James Owens State Farm Agency, and Head Teller and Trainer at Summit Bank. A native and resident of Greenville, Bindewald received a Bachelor of Science degree in Psychology from the University of South Carolina Upstate. She also volunteers at Riverside High School and Prince of Peace Church.
“We are very pleased that Mike and Linda have joined our Greenville team,” said C. Allan Ducker, III, Chief Executive Officer of CommunitySouth Bank & Trust. “These talented, local professionals will help us provide our customers with an exceptional banking experience. They are excellent additions to our customer-oriented team.”
CommunitySouth’s Greenville office, located at 2415 Laurens Road at the corner of Woodruff Road, is currently scheduled to open Monday, October 15. The office will be the Bank’s sixth branch, and its first location in Greenville.
CommunitySouth’s 4,700 square foot Greenville office will feature state-of-the-art flat screen televisions, the Bank’s signature Free Refreshment Center with free freshly baked cookies, hot coffee, cold soft drinks and spring water, 24-hour ATM, drive-thru, night depository, safe deposit boxes, and free business courier service. The full-service office will also include offices for commercial lending, mortgage loans and CommunitySouth Investment Services.
About CommunitySouth Bank & Trust:
CommunitySouth Bank & Trust (OTCBB: CBSO) commenced operations in the Upstate of South Carolina on January 18, 2005. After completing what was at the time the largest initial public offering ever to fund a South Carolina-based bank, the Company capitalized with $30 million and has since grown assets to over $340 million. In operation for two and a half years, CommunitySouth is one of the fastest growing and most profitable de novo banks compared to peer banks that also opened during 2005.
CommunitySouth is headquartered in Easley, South Carolina and currently operates full-service offices in Easley, Mauldin, Spartanburg, Anderson and Greer. The Bank is scheduled to open its Greenville office in mid-October. 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.
For additional information, please call us at 864-306-2540, toll-free at 866-421-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.
