TrustAtlantic Bank

Thibault and Cron Join TrustAtlantic Team

Raleigh, N.C.—January 29, 2012—TrustAtlantic Bank announced today the addition of two long time Raleigh bankers to its retail banking team. Patricia G. Thibault and Christina M. Cron have joined the bank as Manager and Assistant Manager of the North Ridge office located at 6511 Falls of Neuse Road in Raleigh, NC. "Pat and Christina are excellent additions to our strong group of relationship bankers in Wake County," said John N. Anthony, Chief Administrative Officer for TrustAtlantic Bank. "Pat has built enduring customer relationships for over 30 years in our market, and both she and Christina exemplify the type of high-touch individualized customer service that our TrustAtlantic Bank customers value."

"I am so pleased that Christina and I were able to make this transition together" stated Pat Thibault. "With all the changes going on in our industry, we feel fortunate to have joined a company that represents what community banking is all about. And we are excited to be reunited with John Anthony, Jim Beck—TrustAlantic Bank CEO, and many others on the TrustAtlantic team with whom we have worked in years past."

"Pat and I are so grateful that we were able to continue working together with TrustAtlantic Bank" commented Cron. "Our former customers are really going to enjoy the atmosphere and service they receive at our beautiful new office!"

Pat Thibault is a native of Massachusetts, but has been in Raleigh since 1979. She has over 30 years of banking experience, including the last 12 with Capital Bank in Raleigh. She and her husband Tom have twin sons, James & Jon, who attend Millbrook High School in Raleigh.

Christina Cron is a New Jersey native and has over 12 years of banking experience, including the last nine years with Capital Bank. She and her husband Robert have a daughter Lilly and live in Clayton.

About TrustAtlantic Bank:

Headquartered in Raleigh, North Carolina, TrustAtlantic Bank is the wholly owned subsidiary of TrustAtlantic Financial Corporation. The Bank's primary competitive focus is to build broad financial relationships with mid-market businesses and their owners, professionals and other individuals who desire value-added service. The Bank operates one banking office in Greenville, two in Raleigh, and one in Cary, and anticipates opening additional branch offices in the greater Raleigh-Cary metro areas as well as Greenville in the coming years.