Upstate, SC -- September 24, 2007 -- CommunitySouth Bank & Trust (OTCBB: CBSO) today announced the promotion of Toni Pearson and the addition of Lisa Crowe.
Toni Pearson was promoted to Teller Supervisor. In her new position, Pearson is responsible for servicing customers, coaching and training the teller line, completing branch reports and audits, and assisting the branch manager in daily bank operations. Pearson joined CommunitySouth in March 2007 as a Customer Service Representative at the Bank’s headquarters in Easley. Pearson has over eight years of banking experience, previously as Financial Services Advisor with SunTrust. She is originally from Florida, but has lived in the Upstate for more than 15 years. Pearson is active with the Easley Meals on Wheels program.
Lisa Crowe joins CommunitySouth as Customer Service Representative, also based in the Bank’s Easley headquarters. Crowe is responsible for opening new accounts and ensuring customer satisfaction. Crowe has over 10 years of banking experience, most recently as Teller with First Citizens Bank. A resident of Liberty, she also volunteers for the Easley Meals on Wheels program.
“We are very pleased that these experienced and talented banking professionals have joined our team,” said C. Allan Ducker, III, Chief Executive Officer of CommunitySouth. “Each share our passion for exceptional customer service and for providing 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 $327 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 Company plans to open an additional location in Greenville during the fall of 2007. 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.
