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Security Exchange Bank Signs With Brasfield Data Services and Affiliates

Birmingham, AL (October 7, 2004) Brasfield Data Services, LLC has signed Security Exchange Bank of Marietta, GA as its newest core processing customer. The bank, previously processed by Fiserv, also signed with Brasfield affiliate Image Centre LLC for outsourced check imaging services and Brasfield Technology for Internet Banking, Telephone Banking, iFreeze and Disaster Recovery Planning.

In addition, Security Exchange Bank chose Brasfield affiliate Image Exchange to provide them with electronic check clearing services that will enable them to take advantage of the Check 21 Act that goes into effect October 28, 2004.

"We are very excited about our new relationship with Brasfield Technology," said C. Raymond Duncan, executive vice president of Security Exchange Bank. "Their browser-based Image Centre solution is cutting edge technology and will enable us to take full advantage of the efficiencies of electronic exchange of check images without the expensive outlay for hardware and software."

Duncan added, "Brasfield’s commitment to providing integrated, technologically advanced products to community banks like ourselves will allow us to successfully compete with our larger competitors for market share. The fact that existing Brasfield clients speak with great enthusiasm about their outstanding customer service and top quality leadership also factored into our decision," he said.

Security Exchange Bank has one location in Marietta and has assets of approximately $96 million.

"We are pleased that Security Exchange Bank will utilize Brasfield’s product suite for their institution," said David Brasfield, president and CEO of Brasfield Technology. "We will provide them with the latest in banking technology to help them operate more effectively and efficiently."

Security Exchange Bank brings the total of assets processed by Brasfield Data Services to over $5 billion.