Brasfield Data Services Signs Gulf Coast Community Bank (I/O)

Birmingham, AL (January 29, 2003) Brasfield Data Services, LLC has signed denovo institution Gulf Coast Community Bank (I/O) of Pensacola, FL to its data center. Brasfield Data Services won the contract over several larger core processing providers.

Brasfield Data Services will handle all of Gulf Coast Community Bank’s (I/O) daily core processing.

"We’re excited about working with Brasfield Data Services and Brasfield Technology," said Charles Allcott III, president of Gulf Coast Community Bank (I/O). "We’ve received many favorable references and recommendations from other bankers that have been associated with David Brasfield and his company for many years. Brasfield Data Services provides exceptional technology at a reasonable price and we believe they are the best core processor to service our needs, both now and in the future."

Gulf Coast Community Bank (I/O) plans to open in late April 2003.

"We are pleased to have the opportunity to work with Gulf Coast Community Bank (I/O) from the very beginning," said Kevin Conaway, president of Brasfield Data Services. "Our data center will serve them well the first day they open their doors and will evolve to meet their needs as they grow."

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