The Bank of Nashville Opens New Office in Hendersonville, Tennessee

Business Wire, May 4, 1999

HENDERSONVILLE, Tenn.--(BUSINESS WIRE)--May 4, 1999--

The Bank of Nashville, a subsidiary of Community Financial Group, Inc., (NASDAQ: CFGI) today announced the opening of its new office in Hendersonville.

Bank officers, directors and city leaders commemorated the opening of the new office, located at 100 Maple Drive North with an innovative ribbon-cutting ceremony featuring a wreath of 500 $1 bills. The wreath was cut from a ribbon stretching across the doors of the new office and donated to Clark Flatt, president of The Jason Foundation--a Hendersonville-based international organization dedicated to preventing teen suicides.

"This ribbon-cutting ceremony is meant to symbolize, in a very tangible way, The Bank of Nashville's commitment to being a real part of the Hendersonville community--not only by offering superior banking services, but also by contributing our time, talents and resources to the betterment of our new home," said Sumner county resident and The Bank of Nashville vice president Ervin Buchanan, who will manage the office.

To celebrate The Bank's new Internet-based banking service, Bank-on-Line, The Bank is sponsoring a sweepstakes drawing for a new personal computer. Registration blanks are available at all offices and the drawing is open to customers and non-customers alike throughout the month of May, with no purchase necessary.

The new 4,000 square-foot-office, the first branch constructed and owned by The Bank of Nashville, features an exterior of brick with stone accents. Amenities include drive-up-lanes, an ATM and an interior designed to facilitate easy interaction between customers and staff--a hallmark of all of The Bank's lobbies.

"Our bank and Hendersonville have a lot in common. Hendersonville is a community in every sense of the word--it's a place where people know their neighbors, where family is important, where citizens are used to working together," said Mack S. Linebaugh, Jr., president and CEO of The Bank of Nashville. "We're a community bank that understands these values, and that believes personal service is central to helping individuals and businesses address their financial needs. That's why we chose Hendersonville for this new office--and why we took special care in finding the right people to run it. We are looking forward to being a part of this community."

The Bank of Nashville is a wholly owned subsidiary of Community Financial Group, Inc. (NASDAQ: CFGI), a bank holding company headquartered in Nashville, Tennessee with assets of approximately $250 million. The Bank now has offices located in Davidson, Williamson and Sumner County.