Community Central Bank Corporation Raises $1.0 Million of Equity Capital

MOUNT CLEMENS, Mich., Oct. 5, 2009 (GLOBE NEWSWIRE) -- Community Central Bank
Corporation (Nasdaq:CCBD), the holding company for Community Central Bank, today
announced that it has sold $1.0 million of Series B cumulative convertible
perpetual preferred stock in a private transaction to local investors. Each
share of preferred stock has a ten year warrant which entitles the holder to
purchase twenty shares of the Company's common stock at a purchase price of
$5.00 per share.

David A. Widlak, President and CEO, commented, "In late December 2008 and early
January 2009 we successfully raised $3.5 million of additional capital through
the sale of our Series A preferred stock. Now we have raised an additional $1.0
million through the sale of our Series B preferred stock. We are appreciative of
our community's continued confidence in the financial strength and prospects of
Community Central Bank."

Dividends on the Series B preferred stock are payable quarterly in arrears at a
rate of 5.00% per annum, if and when declared by the Company's Board of
Directors. Dividends on the Series B preferred shares are cumulative. The Series
B preferred shares are convertible into common stock at the option of the holder
at an initial conversion price per share of $8.00. On or after August 1, 2010,
the preferred stock will be subject to mandatory conversion into common stock
under certain circumstances.

The additional capital will enhance our capital ratios, which are already above
the regulatory requirements for well-capitalized banks. The initial closing of
Series B preferred stock resulted in gross proceeds of $1.0 million. The Company
may hold subsequent closings and issue more Series B preferred stock, up to an
aggregate of $2.5 million, as additional subscriptions are received.

The securities sold in this private placement have not been registered under the
Securities Act of 1933, as amended, and may not be offered or sold in the
absence of an effective registration statement under the Securities Act and
applicable state securities laws or exemption from these registration
requirements. This news release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sales of these
securities in any state or jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities law of any such state or jurisdiction.

Community Central Bank Corporation is the holding company for Community Central
Bank in Mount Clemens, Michigan. The Bank opened for business in October 1996
and serves businesses and consumers across Macomb, Oakland, Wayne and St. Clair
counties with a full range of lending, deposit, trust, wealth management, and
Internet banking services. The Bank operates four full service facilities, in
Mount Clemens, Rochester Hills, Grosse Pointe Farms and Grosse Pointe Woods,
Michigan. Community Central Mortgage Company, LLC, a subsidiary of the Bank,
operates locations servicing the Detroit metropolitan area, and Central and
Northwest Indiana. River Place Trust and Community Central Wealth Management are
divisions of Community Central Bank. Community Central Insurance Agency, LLC is
a wholly owned subsidiary of Community Central Bank.

Forward-Looking Statements. This news release contains comments or information
that constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are
based on the Company's expectations and are subject to risks and uncertainties
that cannot be predicted or quantified and are beyond the Company's control,
including our ability to sell additional Series B preferred stock. Future events
and actual results may differ materially from those set forth herein,
contemplated by, or underlying these forward-looking statements. Factors that
might cause such a difference include: changes in interest rates and
interest-rate relationships; demand for products and services; the degree of
competition by traditional and non-traditional competitors; changes in banking
regulations; changes in tax laws; changes in prices, levies, and assessments;
our ability to successfully integrate acquisitions into our existing operations,
and the availability of new acquisitions, joint ventures and alliance
opportunities; the impact of technological advances; governmental and regulatory
policy changes; the outcomes of contingencies; trends in customer behavior as
well as their ability to repay loans; changes in the national and local economy;
changes, in the bid price or the market value of publicly held shares of Company
common stock, and other factors included in Community Central Bank Corporation's
filings with the Securities and Exchange Commission, available free via EDGAR.
The Corporation assumes no responsibility to update forward-looking statements.

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CONTACT: Community Central Bank Corporation
Ray Colonius
(586) 783-4500