CapitalBank Significantly Expands Cash Management Services


GREENWOOD, S.C., July 16, 2007 (PRIME NEWSWIRE) -- Judy C. Buchanan has joined CapitalBank as Senior Vice President of Business Services and Cash Management, according to S. Hazel Hughes, Executive Vice President/Chief Retail Officer. With over 25 years of cash management experience, most recently as Manager of Treasury Services Product Management and Client Support with a multi-billion dollar financial institution, Buchanan has joined CapitalBank to develop and market a robust suite of business and cash management services. "CapitalBank differs from other financial institutions because our focus is on the communities that we serve and our customer service is truly exceptional," said Buchanan.

Buchanan is a former president of the South Carolina Chapter of the Association for Financial Professionals, the global resource and advocate for the finance profession. She has held the lifetime credential of Certified Cash Manger since 1992. "Buchanan possesses the experience and the leadership skills necessary to expand Cash Management services with CapitalBank. Her corporate experience combined with her knowledge of small business solutions lends unique qualities to excel at this venture", said Hughes.

CapitalBank's Cash Management mission is to add value to business relationships by providing cash flow solutions and exceptional service throughout a company's cash flow cycles. With a full array of cash management services, CapitalBank Cash Management will provide solutions to help businesses succeed through efficiency, automation and maximum utilization of cash. "Our business customers and their needs are the focal point for everything we do," said Buchanan.

Community Capital Corporation (Nasdaq:CPBK) is the parent company of CapitalBank, which operates 17 community oriented branches throughout upstate South Carolina that offer a full array of banking services, including a diverse wealth management group. Additional information on CapitalBank's locations and the products and services offered are available at www.capitalbanksc.com .

Certain matters set forth in this news release may contain forward-looking statements that are provided to assist in the understanding of anticipated future financial performance. However, such performance involves risks and uncertainties that may cause actual results to differ materially from those in such statements. For a discussion of certain factors that may cause such forward-looking statements to differ materially from the Company's actual results, see the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2007.



            

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