Greenville, SC -- January 4, 2008 -- CommunitySouth Bank & Trust recently held an official ribbon-cutting ceremony to celebrate the opening of its Greenville office at 2415 Laurens Road at the corner of Woodruff Road.
In attendance from CommunitySouth were C. Allan Ducker, III, Chief Executive Officer; David A. Miller, President & Chief Operating Officer; John W. Hobbs, Chief Financial Officer; Dwayne Stickler, Senior Community Banker; Mike Easler, Community Banker; Roger Foster, Community Banker; Linda Bindewald, Greenville Branch Operations Manager, and members of the Board of Directors and Advisory Board. Greenville Mayor Knox White and representatives from the Greenville Chamber of Commerce were also present.
“We’re an Upstate bank,” said Ducker. “And being an Upstate bank, it is essential to have a strong presence in Greenville, the Upstate’s largest community. We are very excited to be in Greenville and look forward to serving the needs of its families and businesses.”
“The Greenville community can expect a lot from CommunitySouth,” said Stickler. “We offer many benefits other banks don’t. Things like our nationwide free ATMs, extended hours, free business courier service and free freshly baked cookies from our signature refreshment center. But customers can really expect great people delivering banking unusual customer service.”
Instead of the traditional red ribbon for the ceremony, CommunitySouth used ribbon fashioned from $20 bills. Once the ribbon was cut, Stickler and Community Bankers Mike Easler and Roger Foster donated the money, $500 in $20 bills, to Safe Harbor of Greenville, a 24-hour emergency shelter and crisis line for victims of domestic violence. Tom Hovland, Interim Executive Director of Safe Harbor, was on hand to accept the donation.
CommunitySouth’s 4,700 square foot Greenville office features state-of-the-art flat screen televisions, a 24-hour ATM, drive-thru, night depository, safe deposit boxes, free business courier service, and the Bank’s signature free refreshment center with free freshly baked cookies, hot coffee, cold soft drinks and spring water. The building also houses representatives from the Bank’s commercial lending, mortgage, investment and financial services departments.
The branch is open six days a week with both early morning and late evening 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 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 $370 million. CommunitySouth was recently named the 11th fastest growing company in South Carolina, according to South Carolina‘s Fastest-Growing Companies 2007 competition.
CommunitySouth is headquartered in Easley, South Carolina and currently operates full-service offices in Greenville, Spartanburg, Anderson, Greer, Mauldin and Easley. The Company also operates full-service investment, insurance and 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, online banking and bill pay, nationwide free ATMs, free business courier service, its signature free refreshment center, and more.
For more information about CommunitySouth Bank & Trust, call toll-free 866-421-CSBT, or visit 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.