19.09.2007 15:06:00

Synovus Opens Bank in Mobile, Alabama

The Mobile location will open on October 1, 2007 in The Infirmary Building/I65 at 3290 Dauphin Street, Suite 302 in Mobile. A temporary location for the Daphne office will open at the west end of the Jubilee Plaza Shopping Center at 6845 Highway 90, Suite 110 in Daphne. Coastal Bank and Trust has already begun renovation on the Woody’s Barbeque building at 7050 Highway 90 in Daphne as its permanent location which will open in the first quarter in 2008. Renovations will include a new external façade and landscaping, along with an all-new interior. Michael R. Holland has joined the Coastal Bank and Trust team as President. Sam Davis, Vice President will manage the Daphne location assisted by Douglas Thomas, Assistant Vice President, Commercial Specialists Sarah Huggins and Carol Ledbetter. Coastal Bank and Trust, is a subsidiary of Community Bank and Trust of Southeast Alabama (Enterprise, AL) and is a full-service community bank. It offers a wide array of consumer and commercial financial products, including checking, savings, investment accounts, loans, in addition to trust services, mortgage financing, brokerage and insurance services. As a community bank, Coastal Bank and Trust prides itself on local decision-making by bankers who know their customers, their community, and the local market. Coastal Bank and Trust is part of Synovus Financial Corporation, a diversified financial services company with more than $33 billion in assets based in Columbus, Georgia. Synovus provides integrated financial services including banking, financial management, insurance, mortgage and leasing services through 37 banks and other Synovus offices in Georgia, Alabama, South Carolina, Florida and Tennessee; and electronic payment processing through an 81-percent stake in TSYS (NYSE: "TSS"), one of the world's largest companies for outsourced payment services. Synovus has been named one of "The 100 Best Companies to Work For" in America by FORTUNE magazine, and has been recognized in its Hall of Fame for consecutive appearances on the list since its inception in 1998. Visit Synovus on the Web at www.synovus.com.

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