Triangle Area: Go Green With Gateway Bank, There's Still Time

Bank Offers Eco-Friendly Shopping Bags to Customers Who Open New Checking Accounts


ELIZABETH CITY, N.C., Aug. 20, 2008 (GLOBE NEWSWIRE) -- Gateway Bank (Nasdaq:GBTS) is offering Triangle-area customers the chance to make an environmentally sound banking decision by participating in their "Go Green" campaign. The campaign, which began on August 4 and continues through August 29, gives customers a Gateway Bank "Go Green" shopping bag when they open a new checking account. Continuing the theme, the bank is asking people to bring "green" beans and other canned goods to the bank's Triangle-area offices during the campaign. The food will be donated to the Food Bank of North Carolina.

"Being environmentally aware and doing what we can is everyone's responsibility," said Eddie Campbell, senior vice president and Triangle market executive for Gateway. "Our 'Go Green' bags are a great way for customers to shop-at the grocery store or anywhere-and still be eco-friendly. That they'll be promoting Gateway Bank at the same time is a bonus."

Gateway Bank offers customers other ways to "go green" with accounts that include paperless e-statements and online bill payment.

Gateway Bank has five offices in the Triangle: in Chapel Hill at Meadowmont Village; three offices in Raleigh just off Lake Boone Trail on Gateway Access Point Road, on Falls of Neuse near the intersection with 540, and off Glenwood Avenue on Century Drive; and a new office in Wake Forest on Capcom Avenue.

About the company:

Gateway Financial Holdings, Inc. is the parent company of Gateway Bank & Trust Co., a regional community bank with a total of thirty-seven full-service financial centers -- twenty-one in Virginia: Virginia Beach (7), Richmond (6), Chesapeake (3), Emporia (2), Suffolk, Norfolk, and Charlottesville; and sixteen in North Carolina: Chapel Hill, Elizabeth City (3), Edenton, Kitty Hawk (2), Raleigh (3), Moyock, Nags Head, Plymouth, Roper, Wake Forest and Wilmington. The Bank provides insurance through its Gateway Insurance Services, Inc. subsidiary, brokerage services through its Gateway Investment Services, Inc. subsidiary, mortgage banking services through its Gateway Bank Mortgage, Inc. subsidiary, and title insurance services through its Gateway Title Agency, Inc. subsidiary. The common stock of the Corporation is traded on the Nasdaq Global Select Market under the symbol GBTS. For further information, visit the Corporation's web site at www.gwfh.com.

The Gateway Financial Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5269


            

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