2/13/2008 - CapitalSouth Bank Officially Opens Fourth Location in Jacksonville

CapitalSouth Bank Officially Opens Fourth Location in Jacksonville

San Marco Businesses Honored at the Opening of New San Marco Branch JACKSONVILLE, Fla., Feb. 11 /PRNewswire/ -- CapitalSouth Bank will officially dedicate its new San Marco branch today by honoring the small businesses of San Marco. Company executives, bank employees, and owners of businesses in the San Marco community will attend the grand opening event. CapitalSouth Bank currently operates a total of four locations in Jacksonville and is greatly increasing the convenience available to its clients in the market. Fred Coble, Jacksonville City President, CapitalSouth, said that he is pleased with the success that CapitalSouth Bank has enjoyed since entering the Jacksonville market and confident about their future in the area. "San Marco is a thriving shopping, dining and entertainment district," said Coble. "We have an ability to help the local businesses continue to grow. Most big banks have a box; your customer needs must fit inside that box. At CapitalSouth, we pride ourselves in providing creative solutions to the unique challenges that businesses face today." CapitalSouth customer and founder of Mojo Bar-B-Que, Todd Lineberry, experienced the difference first-hand. "I walked through the doors of CapitalSouth feeling weary from meeting with banks that approach all businesses as if they are identical. CapitalSouth connected with my vision for the future of Mojo Bar-B-Que and created a tailored solution that perfectly suited our needs." CapitalSouth Bank serves small to medium-sized businesses by offering Small Business Administration (SBA) lending services and other loan programs for business owners through its Business Capital Group, which operates through full-service offices and a loan production office. The company also provides Internet banking services at http://www.capitalsouthbank.com as well as personal investment services. Tanya Drummond, Manager of the San Marco branch, said, "CapitalSouth Bank is committed to supporting Jacksonville's flourishing small business market and rapidly growing base of entrepreneurs. We are pleased to join the San Marco community and offer resources for new job development, leadership development, and financial expansion." CapitalSouth CapitalSouth Bancorp (Nasdaq: CAPB) is a bank holding company operating 10 full-service banking offices, one mortgage origination office, and one loan production office through its bank subsidiary, CapitalSouth Bank with offices in Birmingham, Huntsville, and Montgomery, Alabama and Jacksonville, Florida, as well as a loan production office in Atlanta, Georgia; and Mortgage Lion, Inc. a wholesale mortgage organization operation based in Fitzgerald, Georgia. CapitalSouth Bank targets small to medium-sized business in the markets it serves. CapitalSouth also operates "Banco Hispano," providing financial services to the growing Latino community. CapitalSouth Bank offers SBA lending services and other loan programs for business owners through its Business Capital Group, which operates through full-service offices as well as the loan production office. CapitalSouth Bank also provides Internet banking services at http://www.capitalsouthbank.com as well as personal investment services.