Brad Schneider Joins First Reliance Bank

Company Release – 3/29/2007

FLORENCE, S.C., March 29 /PRNewswire-FirstCall/ — Brad Schneider has joined First Reliance Bank (OTC Bulletin Board: FSRL.OB) as Senior Vice President, Senior Lender-Upstate. Rick Saunders, President and CEO, stated, “Brad represents our commitment to hire the best people, in the best locations. Brad’s twenty years of experience in lending and leadership in the upstate was the perfect combination to lead us into our newest market.” Mr. Schneider’s duties will include developing business relationships and establishing a foundation that First Reliance Bank will use to further the banks growth and strategy into South Carolina’s fastest growing economic region. In addition to an impressive list of professional achievements, Brad has also lent his talents to various charitable organizations including holding board positions with Meals on Wheels and the YMCA.

(Logo: http://www.newscom.com/cgi-bin/prnh/20041022/CLF051LOGO )

Mr. Schneider is a graduate of Furman University and the Graduate School of Banking, Louisiana State University. He has many personal interests including restoring antique automobiles. He and his family are members of Aldersgate Methodist Church.

First Reliance Bank was founded in 1999, has assets of over $450 million, and employs 150 highly talented associates. The bank serves the Upstate, Midlands, Low Country, and Pee Dee regions of South Carolina. The bank has been recognized for its success including being the only company ever to be named to The Top 25 Fastest Growing Companies(TM) in South Carolina four times including 2002, 2004, 2005, and 2006 (SC Chamber/Elliott Davis). In 2006, the bank was also recognized as one of the Top 15 Best Places to Work in South Carolina by the SC Chamber of Commerce. First Reliance Bank offers Totally FREE Checking, Totally FREE Business, FREE Coin Machines, a Nationwide NO FEE ATM Network, and a 5 Way Mortgage Service Promise. It also offers 8-8 Extended Hours in all of their Florence locations. There’s More to Banking Than Money (TM) and Easy-to-Do-Business-With(TM) standards have earned the young bank a customer satisfaction rating of 96% (Performance Solutions-November 2006- Audited). First Reliance Bank is traded as FSRL.OB.

    For more Information:

    D. Lee Daugherty, VP Corporate Brand Image
    First Reliance Bank
    2170 West Palmetto Street
    Florence SC 29501
    (843) 674-3285 Direct
    (843) 674-3052 Fax
    ldaugherty@firstreliance.com

SOURCE First Reliance Bank

Contact: D. Lee Daugherty, VP Corporate Brand Image of First Reliance Bank, +1-843-674-3285, or ldaugherty@firstreliance.com

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