TrustAtlantic Bank

Trustatlantic Bank Announces Julie Clark as New Cary Manager

Raleigh, N.C.—March 28, 2010—Trustatlantic Bank Announces Julie Clark as New Cary ManagerTrustAtlantic Bank, the wholly owned subsidiary of TrustAtlantic Financial Corporation, today announced the addition of Julie Jones Clark to its banking team. Clark will serve as Branch Manager for the bank's Cary, North Carolina office which is currently under construction and expected to open by mid May. The new facility is located at 3685 S. W. Cary Parkway in the Shoppes on the Parkway shopping center. This office will replace the Bank's current temporary facility located at 130 Preston Executive Drive. In addition to managing the branch office, Clark will focus on business development and deposit growth in the greater Cary area.

"I am extremely excited that we were able to recruit Julie Clark to join our team," said John Anthony, Chief Administrative Officer for TrustAtlantic Bank. "She has significant ties to the Cary community and brings a tremendous amount of energy and enthusiasm. Our Cary customers are truly going to enjoy working with Julie and her entire staff."

"I am thrilled about this opportunity," stated Clark. "Even though we are a relatively new company, TrustAtlantic Bank has already developed a reputation for being a relationship-oriented, consultative bank. And developing long standing relationships is exactly how I've built my career over the last twenty years."

Clark is a Wake County native and has twenty years of banking experience in this community. She currently lives in Garner and is very active in various non-profit and civic organizations in the Cary area.

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.