EXHIBIT 99.1
COMMUNITY
CAPITAL NEWS
CORPORATION RELEASE
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For further information:
R. Wesley Brewer, Community Capital Corporation
Lee Lee M. Lee, Investor Relations
864/941-8242 or email: [email protected]
FOR IMMEDIATE RELEASE
July 6, 2000
MID STATE BANK COMPLETES THE PURCHASE OF
SALUDA BRANCH FROM THE ANCHOR BANK
NEWBERRY, SC - Mid State Bank has completed the purchase of the Anchor Bank
branch in Saluda, South Carolina. The branch office has approximately $25
million in deposits and $22 million in loans. The terms of the transaction were
not disclosed.
Mid State Bank is one of five banks wholly owned by Community Capital
Corporation. Headquartered in Greenwood, South Carolina, Community Capital
Corporation now has 17 banking offices located in the upstate and midlands of
South Carolina with over $400 million in total assets. The common stock of
Community Capital Corporation is traded on the American Stock Exchange under the
symbol 'CYL'.
