VantageSouth Bank Welcomes New Market President in Greenville

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Greg Steele to Assume Lead Role of Greenville Commercial Market

Greg has a history of providing solutions for commercial clients in Eastern North Carolina as well as actively supporting the community.

VantageSouth Bank (NASDAQ: VSB) is proud to welcome Greg Steele as the newest member of the commercial team in Greenville where he will serve as Market President. “I am excited about the opportunity to work with the VantageSouth team, and I look forward to continuing to work with the commercial clients in the community as we seek to grow and expand our brand,” said Steele.

Joining the bank with over 24 years of experience in the financial arena, Greg Steele will oversee business development and commercial banking throughout Greenville in his new role. The University of New Hampshire alumnus and former Commercial Relationship Officer with Trust Atlantic Bank enjoys giving back to the community where he works and volunteering his time to Vidant Medical Foundation Planned Giving Advisory Council and J.H. Rose Athletic Foundation. Steele and his wife, Jane – along with their children, Matt, Emily and Drew – have resided in the Greenville area for the past 15 years.

“We are delighted that Greg is joining our team,” said Jim Rose, Eastern Region President. “Greenville is a key strategic market for VantageSouth, and Greg has a history of providing solutions for commercial clients in Eastern North Carolina as well as actively supporting the community.”

VantageSouth Bank is a state-chartered bank operating 46 banking centers from the central Piedmont to the coast of North Carolina. The common stock of VantageSouth Bancshares, Inc., which is headquartered in Raleigh and wholly owns VantageSouth Bank, is listed on the NYSE MKT where it trades under the symbol VSB. For more information about VantageSouth Bank, visit http://www.VantageSouth.com.

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