March 5, 2007

Michele VanHoose named Retail Banking Officer of Central Bank in Winchester

Winchester, KY. - Central Bank President of Winchester, Steve Penn, has announced the promotion of Michele VanHoose as Retail Banking Officer.

Ms. VanHoose is a graduate of Johnson Central High School in Paintsville, KY and received her Associates degree in Business Administration and Real Estate from Prestonsburg Community College. She has been with Central Bank in Winchester since 1999 and has held such positions as Personal Banker and Retail Manager. Her current responsibilities will include overseeing the retail department in Winchester and managing customer relationships.

Ms. VanHoose currently resides in Winchester with her husband and two daughters.

Central Bank is a subsidiary of Central Bancshares Inc., which currently operates a total of 26 full service banking centers, 28 ATMs, two mortgage offices, an insurance agency and an investment office in Bath, Boone, Clark, Fayette, Jefferson, Jessamine, Madison, and Scott counties. As of December 31, 2006, Central Bancshares' total assets were $1.804 billion.

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