NEXITY BANK HIRES CORRESPONDENT VETERAN; WILL FURTHER DEPLOY CORRESPONDENT BANKING SERVICES

FOR IMMEDIATE RELEASE
January 13, 2003

BIRMINGHAM, Ala., Jan. 13 Nexity Bank announces the addition of Shaw Lokey as senior vice president, correspondent services.

Greg Lee, Nexity Bank chairman, stated, "Shaw Lokey has an extensive understanding of all correspondent banking services and the needs of community banks. He is a great addition to our team to lead the expansion of our current and future correspondent services."
Lokey is a career banker with fourteen years correspondent and operations banking experience in the southeastern United States. He is a graduate of Georgia Institute of Technology in Atlanta, Ga.

Nexity Bank is a $455 million wholesale commercial bank offering deposit products nationwide consisting of money markets, checking accounts and online access. Nexity Bank offers correspondent services to community banks primarily in the Southeastern United States. Nexity Bank is headquartered in Birmingham, Alabama. Customer service representatives can be reached at 1-877-738-6391. To learn more about Nexity Bank, please visit http://www.nexitybank.com.

CONTACT: David Long of Nexity Bank, +1-205-298-6391
Web site: http://www.nexitybank.com.