Community Resource Bank Hires New Internal Auditor.ORANGEBURG Orangeburg, city (1990 pop. 13,739), seat of Orangeburg co., central S.C., on the North Fork of the Edisto River; settled 1732, inc. as a city 1883. It is the trade and processing center of a cotton and agricultural area with textile, clothing, and food-distribution industries. Yard and gardening products, ball and roller bearings, automotive parts, electronics, and chemicals are also produced., S.C. -- Community Bankshares Inc. (CBI)(AMEX:SCB) and Community Resource Bank, N.A. (CRB) announced that Marcia E. Wilson has joined the company as a Senior Vice President and the Director of Internal Audit. Her office is located at the bank's corporate headquarters in Orangeburg where she is responsible for developing and implementing internal audit programs for the company and the bank. A lifelong native of Denmark, SC, Wilson graduated from Jefferson Davis Academy in Blackville and then earned her BS in Accounting from Clemson University in 1993. After graduation, she went to work for South Carolina Band & Trust as a Teller and Financial Services Representative, and in 1996 joined the audit department, most recently serving as Audit Manager. She holds audit certifications in Information Systems (CISA), Regulatory Compliance (CRCM CRCM - Canadian Regional Climate Model (University of Quebec, Montreal, Canada) CRCM - CANopen Roller Control Module CRCM - Center for Research in Cardiovascular Medicine (University at Buffalo) CRCM - Central Railroad Company of Minnesota CRCM - Central Reservations and Channel Management CRCM - Centre de Recherhe en Chimie Moléculaire (France) CRCM - Certified Refrigerant Compliance Manager (National Registry of Environmental Professionals)), Financial Services (CFSA CFSA - Canadian Figure Skating Association CFSA - Canadian Fire Safety Association CFSA - Carolina Farm Stewardship Association (Pittsboro, NC) CFSA - Casket & Funeral Supply Association of America CFSA - Central Florida Shuffleboard Association CFSA - Certified Financial Services Auditor CFSA - Certified First Surgical Assistant CFSA - Child & Family Services Agency (Washington, DC) CFSA - Child and Family Services Act (Canada)), and Risk Management (CRP), and is studying for certification in Fraud Examination (CFE). Wilson serves on the Board of Governors of the Palmetto Chapter of the Institute of Internal Auditors and is a member of the Columbia Chapter of the Information Systems Audit and Control Association. She also chairs the Stewardship Committee and is co-director of Vacation Bible School at Denmark First Baptist Church. Community Bankshares, Inc.'s common stock is traded on the American Stock Exchange under the ticker symbol SCB. Community Bankshares Inc., based in Orangeburg, South Carolina is the holding company for Community Resource Bank, N. A. and Community Resource Mortgage, Inc., with banking and mortgage locations in Orangeburg, Sumter, Florence, Blythewood, Ridgeway, and Winnsboro, SC as well as an additional mortgage location in Mount Pleasant. This press release contains forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and several factors could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements relate to anticipated revenues, gross margins, earnings, expansion of mortgage services marketing, improvement of mortgage services efficiency, and growth of the market for our services and products. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: uncertainties associated with market acceptance of and demand for the company's services and products, impact of competitive products and pricing, dependence on third party suppliers, and uncertainties associated with the development of technology. Investors are directed to the company's 2005 annual report, which is available from the company without charge or from its website, www.communitybanksharesinc.com, for a more complete description of the company's business. |
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