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Matt Slaughter Joins Bank of Ridgeway

By: Financial News


Community Bankshares, Inc. (AMEX:SCB) and the Bank of Ridgeway announced that Matt Slaughter has joined the Bank of Ridgeway as Vice President. Currently located in the Blythewood Office, he will be in charge of opening the Bank of Ridgeway's new office on the Clemson Road extension in 2007 and serving the bank's Northeast Richland County market.

Slaughter comes to the Bank of Ridgeway with seven years experience as a Licensed Financial Specialist and Relationship Manger at Wachovia and First Citizens Banks after working for five years as an agent with Jefferson Pilot Life Insurance. He received his BA degree from East Carolina University in 1983, and lives in Elgin, SC with his wife, Diana.

Bank of Ridgeway Regional President, Will Howard, said, "Matt's experience and energy adds a tremendous boost to the Bank of Ridgeway. Our clients will appreciate the value of his financial expertise as well as his proactive approach to service. Obviously, we are very excited to have Matt join our team serving Northeast Richland County."

Community Bankshares, Inc.'s common stock is traded on the American Stock Exchange under the ticker symbol SCB. Community Bankshares Inc., based in Orangeburg, South Carolina, is the holding company for the Bank of Ridgeway, Florence National Bank, Sumter National Bank, Community Resource Bank in Orangeburg, and Community Resource Mortgage, Inc.

This press release contains forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and several factors could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements relate to anticipated revenues, gross margins, earnings, expansion of mortgage services marketing, improvement of mortgage services efficiency, and growth of the market for our services and products. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: uncertainties associated with market acceptance of and demand for the company's services and products, impact of competitive products and pricing, dependence on third party suppliers, and uncertainties associated with the development of technology. Investors are directed to the company's 2005 annual report, which is available from the company without charge or from its website, www.communitybanksharesinc.com, for a more complete description of the company's business.

Article Source: http://www.content.onlypunjab.com

For more information, visit www.communitybanksharesinc.com.

 

   
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