Silverton Announces Changes to Its Executive Management Team

ATLANTA, GA, Apr 07 (MARKET WIRE) --
Silverton Bank, N.A., a leading national correspondent bank, and its
parent holding company, Silverton Financial Services, Inc., today
announced important changes to Silverton's executive management team. Mr.
Tom A. Bryan, President & Chief Executive Officer, and Mr. Earl C.
Howell, Chief Operating Officer, each have departed from Silverton in
pursuit of other opportunities. Mr. Christopher B. Maddox has been
appointed as the Interim President & Chief Executive Officer of both
Silverton Bank, N.A. and Silverton Financial Services, Inc. Mr. Maddox has
been an active board member since 2002, and was Chairman of the Board from
April 2006 to April 2007. He is the Chairman, President & Chief Executive
Officer of The Peoples Bank based in Winder, GA.

Mr. Maddox's focus is to continue to execute the existing business model
of Silverton and to work to comply with the consent order issued to
Silverton Bank by its primary federal regulator, the Office of the
Comptroller of the Currency, on February 26, 2009. Silverton has engaged
New Millennium Banking Solutions, LLC, a recognized bank consulting firm
with experience in assisting banks in complying with regulatory orders
and agreements, to assist Silverton in implementing the actions necessary
to fulfill the requirements of the order.

"My fellow Board members and I are fully engaged in the continued pursuit
of Silverton's strategic vision and its vital role in the community
banking landscape. We are committed to working together to help Silverton
address the current banking environment, which has been very challenging
to both Silverton and its customers," said Chris Maddox.

Michael Carlton, current Chairman of the Board of Silverton Bank, adds,
"Silverton plays a key role in providing valuable correspondent banking
services to over 1,500 community banks across 39 states. Our focus is on
pulling through these challenging times and continuing to deliver the
level of customer service that our customers have come to expect from
Silverton."

About Silverton Bank

Silverton Bank is a leading national correspondent bank chartered
specifically to serve the needs of community financial institutions across
the United States. Headquartered in Atlanta, Georgia, Silverton Bank has
developed a comprehensive suite of products and services that includes
card services, payment solutions, lending, investments, consulting, and
insurance programs. Over the past two decades, Silverton has grown to over
$3 billion in assets, 390 employees, and now serves a customer base in
excess of 1,500 financial institutions nationwide. Offices are located in
Annapolis, Birmingham, Charlotte, Chicago, Cincinnati, Denver, Nashville,
Seattle, Tampa and Winston-Salem. Visit www.silvertonbank.com or call
800.277.2265.

For more information contact:
Cristi Kirisits
Marketing & Corporate Communications Manager
(770) 805-2176

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