FOR IMMEDIATE RELEASE: JANUARY 15, 2010
For More Information Contact: Tyrone Fenderson, Jr. at (251) 476-5938

MOBILE, AL — Commonwealth National Bank (CNB) is pleased to announce the addition of Robyn Braxton Anderson as Branch Manager for its main office, located at 2214 St. Stephens Road.

Anderson brings a decade of experience to her new post, having served most recently as Senior Relationship Banker for RBC Centura Bank in Mobile. Although she entered the field as a teller in 1996, Anderson systematically worked her way up to Senior Financial Services Specialist with AmSouth Bank. In 2007, she transitioned to relationship banking while simultaneously earning her bachelor’s degree from the University of South Alabama.

“Robyn shares our passion for service and execution. Her drive and ambition bring considerable energy to the table, and we are confident her background has prepared her well to lead our main office,” Commonwealth President and CEO Tyrone Fenderson, Jr. said.

Anderson, a Tampa native who has called Mobile home since childhood, said the opportunity to grow alongside Commonwealth attracted her to the position.

“What I find most rewarding is the opportunity to contribute my talents at an established organization with such a strong presence and immense growth potential,” she said. “I realized immediately the core values of this institution such as service and integrity align directly with my personal values, and I’m so excited to be working for an organization that is committed to serving its clients in the most professional and efficient manner possible.”

Founded in 1976, Mobile-based Commonwealth National Bank is an FDIC-insured community bank with three offices in Mobile, a fourth in nearby Prichard, Ala., and a Birmingham-based loan production office serving Birmingham, Montgomery and Huntsville.

FOR IMMEDIATE RELEASE: July 13, 2009
For More Information Contact: Tyrone Fenderson, Jr. at (251) 476-5938

MOBILE, AL – On Friday, July 17, Commonwealth National Bank will celebrate the grand opening of its newest financial center at 200 N. St. Joseph Street in downtown Mobile.

Matt Lovitt will serve as manager of the new financial center. Festivities will be marked by an 8:30 a.m. reception with a ribbon-cutting ceremony at 8:45 a.m. The public is invited. Parking for the grand opening will be available in the Alabama Power parking lot located between St. Anthony Street and State Street, west of Royal Street. Refreshments will be served throughout the day at all Commonwealth full-service locations in celebration of the event.

Commonwealth’s new downtown location is a full-service financial center with walk-up teller windows, express drive-thru service, and 24-hour depository. The center will focus on business loans and deposits, as well as, personal banking for individuals who work, live or simply find it convenient to transact business downtown. Hours of operation for the new center are 9:00 a.m. to 5:00 p.m. Monday through Friday.

Commonwealth National Bank has three locations in Mobile, one in Prichard, and a loan production office serving Montgomery, Birmingham, and Huntsville. Commonwealth has been an active member of the Mobile business community since 1976.

FOR IMMEDIATE RELEASE: June 15, 2009
For More Information Contact: Tyrone Fenderson, Jr. at (251) 476-5938

MOBILE, AL — Commonwealth National Bank is pleased to announce the addition of Lewis G. Burks, Jr. A resident of Birmingham, Burks will serve as Vice-President and Regional Loan Production Officer for the Mobile-based financial institution.

Prior to joining Commonwealth, Burks served as Vice-President in the Private Client Group of First Commercial Bank of Birmingham where he was responsible for business development. Burks also held management positions with Regions Financial Corporation, including Vice-President and Regional Community Development Manager for Alabama, and Commercial Real Estate Loan Officer. In his new role as Regional Loan Production Officer with Commonwealth, Burks will be responsible for developing and maintaining business and personal loan relationships in Birmingham, Montgomery, and Huntsville.

“Businesses and individuals in Birmingham, Montgomery, Huntsville and surrounding areas need access to loan products to support business growth and stabilize their lives. As we implement our expansion plan, we will continue to identify talented banking professionals that share our philosophy of service and execution. Mr. Burks is a seasoned banker with strong relationships throughout the state of Alabama, and his experience as a regional banker makes him the perfect fit for this role,” said Tyrone Fenderson, Jr., President and Chief Executive Officer of Commonwealth.

Burks holds a Bachelor of Arts Degree in Business Administration from the University of Montevallo in Montevallo, Alabama and proudly served our nation as a reservist in both the U.S. Marine Corps and U.S. Air Force for a total of twenty years.

Burks’ community involvement includes serving as board chairman for SafeHouse of Shelby County, and member of the Alabama Civil Justice Foundation and University of Montevallo Foundation boards. He is married to wife Debbie Ward.

Commonwealth National Bank, headquartered in Mobile, has three locations in Mobile, one in nearby Prichard, and has a regional loan production office serving central and northern Alabama.

FOR IMMEDIATE RELEASE: JUNE 14, 2009
For More Information Contact: Tyrone Fenderson, Jr. at (251) 476-5938


MOBILE, AL — Commonwealth National Bank has expanded its market area to include the central and northern Alabama markets.

Commonwealth now offers business and personal loans in Montgomery, Birmingham, Huntsville, and surrounding areas. The regional office is intended to provide borrower’s in the area with access to the lending products that have become difficult to find.

Tyrone Fenderson, Jr., President and Chief Executive Officer of Commonwealth says, “We believe that Commonwealth has a role to play in the economic recovery of the state of Alabama. It is with a strong sense of responsibility that we respond to the financing needs in our traditional market area, as well as areas in the state that naturally coincide with our expansion plan. With businesses and individuals having trouble making payroll and financing projects, our strength and stability dictates that we answer the call by providing the access to capital that helped them achieve their financial goals prior to the economic downturn. While we remain concerned about the duration and severity of the recession, we know that capable and responsible borrower’s exist, while the banking relationship they once enjoyed does not.”

As the expansion plan for Commonwealth is implemented, the company will further add stimulus to the local economy through the addition of jobs in these areas. Potential borrowers can learn more about the financial products and services offered by visiting Commonwealth at: www.ecommonwealthbank.com or by calling (205) 382-6631 (Birmingham), (334) 578-0857 (Montgomery), or (256) 886-2771 (Huntsville).

Commonwealth National Bank, founded in 1976 and headquartered in Mobile, has three fullservice locations in the Mobile metro area including a newly-opened downtown office at 200 St. Joseph Street, and a fourth drive-thru location in nearby Prichard.

FOR IMMEDIATE RELEASE: MARCH 31, 2009
For More Information Contact: Tyrone Fenderson, Jr. at (251) 476-5938

• MOBILE, AL — Commonwealth National Bank Chairman, Michael E. Pierce, announced that the Board of Directors declared a dividend of $0.05 per share, payable on April 1, 2009 to shareholders of record as of February 28, 2009. This marks the eighth consecutive year that Commonwealth National Bank will pay a dividend to its shareholders. In 2008, Commonwealth paid a dividend of $0.40 per share (the effective cash dividend after a 5-for-1 stock split). The Annual Shareholders Meeting will be held on April 28, 2009 at Commonwealth National Bank’s main office located at 2214 St. Stephens Road in Mobile.

The reduction in the cash dividend is a product of prudent management as Commonwealth takes measures to preserve capital in an economic environment that is uncertain and has led to the elimination of dividends by many financial institutions around the country. “As we prepare to diversify the composition of our revenue stream through a higher level of lending activity, we will continue to create efficiencies and reduce expenses without impacting our product delivery and quality service offering” says Tyrone Fenderson, Jr., President & CEO.

Commonwealth’s safety and soundness has earned them a “four-star” rating from Bauer Financial and has made it possible for Commonwealth to forgo Troubled Assets Relief Program (TARP) funding. The TARP funding is available to ailing financial institutions whose profitability has plummeted amid an economic crisis that has led to increased levels of nonperforming assets and historic levels of loan losses.

Commonwealth National Bank, established in 1976, continues to meet the banking needs of the Mobile community and surrounding areas by offering comprehensive banking services, competitive rates, providing high-touch personalized service, and supporting causes that impact the community and its subsequent health. Commonwealth has offices in Mobile, Crichton, and Prichard and is scheduled to open its fourth office in downtown Mobile later this year.

FOR IMMEDIATE RELEASE: MARCH 26, 2009
For More Information Contact: Tyrone Fenderson, Jr. at (251) 476-5938

MOBILE, AL — Commonwealth National Bank (CNB) is pleased to announce the addition of Yvette Foster as Executive Vice President of Operations and Accounting.

Foster is a native of New York that has lived in the Mobile area for over fifteen years. She brings nearly three decades of knowledge and banking experience to the areas for which she will be responsible. Prior to joining Commonwealth, Foster held several senior management positions including Vice President & Corporate Branch Operations Manager for Woodlands Bank (formerly Gulf Federal Bank), and Chief Financial Officer and Chief Operating Officer for Gulf Federal Bank. She has also served as Assistant Vice President and Assistant Treasurer for Bankers Trust Company. “As we share the vision and direction of Commonwealth National Bank, we will continue to attract well-prepared banking professionals who share a desire to be empowered to make a difference for the clients and the communities we serve.

“Mrs. Foster’s professional background and experience make her an excellent addition to the Commonwealth team. Her leadership and expertise will complement our senior management team and will support our strategic direction and objectives as we deploy our market expansion and client acquisition strategies,” says Tyrone Fenderson, Jr., Commonwealth’s new President & CEO. To complement her experience, Foster touts a Bachelor of Arts in Economics and a Bachelor of Arts in Sociology from City University of New York.

In her new role as EVP of Operations and Accounting, Foster’s responsibilities will include loan and deposit operations, compliance and all aspects of finance and accounting. Foster is married to husband Clyde and they have three children. Commonwealth National Bank has offices in Mobile, Crichton, and Prichard and is scheduled to open its fourth office in downtown Mobile later this year.

Commonwealth National Bank, headquartered in Mobile, has two locations in Mobile, one in nearby Prichard, and is scheduled to open its fourth office in downtown Mobile this spring.

FOR IMMEDIATE RELEASE: FEBRUARY 11, 2009
For More Information Contact: Michael Pierce (251) 422-5210

MOBILE, AL — Commonwealth National Bank (CNB) is pleased to announce the addition of Tyrone Fenderson, Jr. as President & Chief Executive Officer. Fenderson, a native of Birmingham, brings nearly two decades of banking experience to the helm of Commonwealth National Bank.

Prior to joining Commonwealth, Fenderson served as Executive Vice President and Chief Operating Officer of First Tuskegee Bank in Montgomery. He has also held management positions with First Commercial Bank and Regions Bank among others. As a senior executive with large regional banks and smaller community banks, Fenderson gained valuable knowledge and expertise which made him an ideal choice for President & CEO of Commonwealth. After earning his bachelor’s in business from Faulkner University, Fenderson continued his education by graduating from two of the South’s most notable banking schools including the Alabama Banking School at the University of South Alabama and the Graduate School of Banking at Louisiana State University. Fenderson earned his Masters of Business Administration from Troy University.

Fenderson believes however, that learning and service are two areas from which one never graduates, a philosophy also shared by Commonwealth. Throughout his career, Fenderson has served various community-based organizations including the United Way, Big Brothers Big Sisters, Developing Alabama Youth Foundation, and Carraway Methodist Medical Center. He is also an alumnus of Leadership Shelby County and Leadership Birmingham. Fenderson’s current governing responsibilities include his role as a member of the Board of Trustees for the Graduate School of Banking at Louisiana State University.

“We are excited to welcome Tyrone to our team,” said Michael Pierce, Chairman of the Board. “His education and diverse professional experience will help us reach our goal of expanding our client base and becoming the preferred financial institution and employer for those in the markets we serve.” Commonwealth National Bank, headquartered in Mobile, has locations in Mobile, Crichton and Prichard and is scheduled to open its fourth office in downtown Mobile this spring.