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Mountain Commerce Bank Announces Frank Wood Elected to the Board of Directors

Mountain Commerce Bank Announces Frank Wood Elected to the Board of Directors

For immediate release:

Contact:
Regenia B. Ellis
Corporate Secretary
Mountain Commerce Bank
(423) 262-5820

JOHNSON CITY, TENNESSEE – March 10, 2011 – The Board of Directors of Mountain Commerce Bank (MCB) announced Frank Wood was elected to serve as director for the Bank and the Holding Company. Mr. Wood is a resident of Johnson City and the owner and Chief Executive Officer of the Holston Companies, whose operations include Holston Distributing Co., Inc., the Anheuser-Busch distributor for Northeastern Tennessee, Warehouse Central LLC, a warehousing and logistics company, Truck Central LLC, and Records Storage and Management Central LLC; all of which are headquartered in Johnson City, Tennessee.

Mr. Wood is a graduate of the University of Tennessee, Knoxville, where he earned a Bachelor of Science in Business Administration and Industrial Engineering.

“I have known Frank for many years and look forward to working with him to accomplish our mission and objectives for the coming years,” said Bill Edwards, president and chief executive officer for Mountain Commerce Bank. “We are pleased and fortunate to have Frank serve on the Board of MCB; his business experience and insight will be an asset.”

About Mountain Commerce Bank

Mountain Commerce Bank (MCB) is a state-chartered, FDIC-insured, privately held financial services institution serving the mountain south region of East Tennessee. With its acquisition in 2006 of 96-year-old Erwin National Bank, MCB’s century-old banking foundation is the cornerstone of exceptional service for its shareholders, clients, communities, and employees. Through innovative use of technology and modern banking services, MCB offers big bank products and services, with the personal attention a community bank provides.

At the end of December, 2010, MCB had $344.1 million in Total Assets and $300 million in Total Deposits. MCB currently employs more than 80 individuals at six branches and one operations office. For more information, visit www.mcb.com or check your account any time at 1-866-MCB-1910. MCB is an equal opportunity employer.