Upstate, SC -- April 7, 2008 -- CommunitySouth Bank & Trust (OTCBB: CBSO) today announced the promotions of Tracy Martin, Cindy Coleman, Erica Brewton, and Jennifer Kennedy.
Martin was promoted to Vice President and Community Banker. In her new position, Martin is responsible for developing, managing and enhancing business banking relationships in the greater Easley area by providing a full range of loan, deposit and ancillary services to clients. Martin joined CommunitySouth in March 2005 as Branch Manager for the Bank’s headquarters office in Easley. She brings more than 20 years of banking experience to her new position. Martin, a native of Indianapolis, Indiana, is a resident of Easley.
Coleman was promoted to Branch Operations Manager of CommunitySouth’s headquarters office in Easley. In her new position Coleman is responsible for overseeing the daily operations of the office, including sales and customer service, providing personalized banking services to individuals and businesses, and managing branch staff. Coleman joined the Bank in September 2006 as Customer Service Representative, and brings more than 11 years of banking experience to her new position. A resident of Easley, Coleman is active in the Meals on Wheels program.
Brewton was promoted to Branch Administration Assistant. In her new position, Brewton is responsible for assisting in the coordination of the Bank’s branches, including management reporting, branch training, audit review and staffing. Brewton joined the Bank in September 2007 as Senior Teller Supervisor of the Bank’s Greenville office on Laurens Road. She brings more than eight years of banking experience to her new position. A resident of Woodruff, Brewton holds a Bachelor of Science degree in Human Resource Management and Business Management from Anderson University.
Kennedy was promoted to Teller Supervisor of the Bank’s Anderson office. In her new position, Kennedy is responsible for servicing customers, coaching the teller line, completing branch reports and audits, and assisting the branch operations manager in daily operations. Kennedy joined the Bank in March 2005 as Teller in the Easley headquarters office, and brings more than four years of banking experience to her new position. A resident of Easley, Kennedy is active in the United Way and the Meals on Wheels program and attended Greenville Technical College.
“We are very pleased to recognize Tracy, Cindy, Erica and Jennifer for their contributions to the Company’s success,” said C. Allan Ducker, III, Chief Executive Officer of CommunitySouth. “These individuals share our passion for providing exceptional customer service and the best banking experience possible for the community.”
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, 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.
