Community Bankers' Bank Partners with Ceto and Associates.

Bankers' Bank Joins with Ceto to Increase Offerings, Enhance Revenue Streams for Clients

ATLANTA -- Ceto and Associates, a national consulting firm providing revenue enhancement solutions for the financial industry, announced that it has partnered with Community Bankers' Bank. The partnership will help the bankers' bank's mission to deliver high quality and profitable services to its clients.

Ceto works with a total of six bankers' banks, including Arkansas Bankers' Bank, Bankers' Bank Northeast, The Bankers Bank, Oklahoma and Independent Bankers' Bank, Illinois. They are active participants in Ceto's program to offer Deposit Reclassification, a solution that restructures transaction (checking) accounts to convert non-interest earning reserve requirement balances at their Federal Reserve Bank into interest earning assets.

"We are always looking for quality partners like Ceto so that we can supply our banks with proven products at a price that provides a good return to shareholders," said Bill McFaddin, president and CEO of Community Bankers' Bank. "Deposit Reclassification is a win-win situation, and Ceto has the knowledge and experience necessary to help our clients realize the reoccurring revenue available to them."

Ceto's Deposit Reclassification clients increase annual pre-tax profits by an average of $1 million. Approved by the Board of Governors of the Federal Reserve System in 1994, Deposit Reclassification represents a change in the method by which transaction accounts are reported to the Federal Reserve Bank for reserve requirement purposes.

Community Bankers' Bank serves the Fifth Federal Reserve District: Maryland, Virginia, West Virginia, North Carolina, South Carolina, and the District of Columbia.

"Ceto shares a common goal with bankers' banks: to increase their clients' profitability," said Gerald G. Kaufman, senior vice president of Ceto and Associates. "Our extensive cash management expertise, combined with the bankers' banks intimate knowledge of their clients will benefit all parties involved. The community bank clients can begin to experience the benefits immediately."

The six bankers' banks Ceto works with comprise 30 percent of the total number of bankers' banks. Nationally, there are twenty bankers' banks that represent more than 6,000 community banks in 48 states. Collectively, they provide services to more than 58 percent of the banks in their respective markets.

Ceto also holds strategic alliances with BDO Seidman, the Financial Managers Society, Inc. (FMS), Kennedy and Coe, LLC and Open Solutions. Such relationships further the company's efforts to invest in long-term, value-added relationships with its clients and consistently provide the highest level of quality, personalized service in the industry.

About Ceto and Associates

Founded in 1994 as a national consulting firm in the financial industry and headquartered in Atlanta, Ceto and Associates specializes in developing solutions to provide financial institutions the ability to increase profitability through the implementation of revenue enhancement programs. Ceto and Associates places their clients' needs in the forefront and designs solutions tailored to their culture, goals and objectives. Ceto and Associates has earned the trust and improved annual revenues of more than 1,000 financial institutions across 50 states. For more information about Ceto and Associates, please visit their Web site at www.ceto.com.