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Intracoastal Bank Closes on Future Volusia County Banking Center Property

Daytona Beach, Florida ( December 19, 2013)– Bruce Page, President and Chief Executive
Officer, is pleased to announce that they have closed on the purchase of the future site of their
Volusia banking center.

“There is a lot of preparation that goes into building a bank before the first shovel hits the
ground, and we are grateful to have some key folks helping us along the way,” said Bruce Page,
President and C.E.O. of the bank. “One of those organizations has been the Team Volusia
Economic Development Corporation,” he added. Page further said, “ the location decision was
made in part based upon the group’s focus on economic development and global promotion of
the area which is helping create an environment where businesses like our Bank can grow and
expand employment.”

The Volusia banking center’s future 9,000 square foot office will be slightly east of Interstate 95,
adjacent to Vince Carter’s restaurant on LPGA Blvd. It’s expected to open by the first quarter of
2015 and will serve as the Bank’s main office in Volusia County. To be built by local contractor
Betnr Construction, the design is innovative and will be the first of its kind in the area. The
banking center will be state of the art with a tech bar that includes a smart phone station and iPad
area for customers to test our technology solutions, teller pods, and more. The bank will also
feature two advanced ATMs, one for training new customers how to best utilize its high tech
features, and the other will be located in the outside drive thru area.

Team Volusia Economic Development Corporation is a public/private partnership representing
Volusia County. They work to support business growth and recruit high-impact businesses both
domestic and international in order to diversify the local economy and ensure economic
prosperity for its residents.

Intracoastal Bank, headquartered in Palm Coast, and is a locally owned and operated financial
institution. Intracoastal Bank’s main banking center is located at 1290 Palm Coast Parkway, NW,
Palm Coast, Florida 32137. The Bank’s Lending Center is located at 1659 N. Clyde Morris Blvd
Ste 2, Daytona Beach, FL 32117. The Bank serves the Flagler and Volusia Counties area. The
bank offers a full range of deposit and loan products tailored to meet the needs of customers and
the community. The bank is a state charted commercial bank, member FDIC. More corporate
information and e-banking are available athttps://www.intracoastalbank.net, or join the
conversation with Intracoastal Bank on Facebook
at https://www.facebook.com/intracoastalbank.


For further information, please feel free to contact:


Bruce Page
President & C.E.O.