EXTRACO TO BREAK GROUND FOR MAJOR EXPANSION OF SOUTH 31ST STREET FINANCIAL CENTER

Wednesday, November 2nd, 2005 - TEMPLE, Texas: Randall B. Ramsey, Extraco Banks regional president, announced today the planned expansion of Extraco's South 31st Street Financial Center and set a groundbreaking ceremony for 1:30 p.m. on Monday, November 8, 2004 at 3615 South 31st Street (across from Sam's).

The South 31st Street building project will more than triple the size of the existing building.

The expanded facility will house retail and commercial banking expertise plus on-site product specialists in the areas of investment, trust, mortgage, insurance, and technology.

Extraco offers a unique approach to banking centered on its mission to "touch lives" and deliver a superior experience to customers. This is achieved not only through more personal attention in meeting customer needs, but also in the breadth of product offerings. This state-of-the-art facilities investment at the growing South 31st Street location is just another example of Extraco offering itself to customers and community as the premier financial solution in Central Texas.

The groundbreaking ceremony will be attended by representatives of Extraco Banks and its family of financial services plus dignitaries from the City of Temple, the Temple Chamber of Commerce, the Temple Economic Development Corporation, the Temple Industrial Foundation, and Bell County government offices. Media and local citizenry are also invited to attend. Refreshments will be served in the lobby throughout the day.

Extraco Corporation celebrated 100 years and three generations of family management on July 12th, 2002. Founded as a cotton warehousing company, Extraco has evolved to become the largest and most complete independent financial institution in Central Texas with $840 million in assets, a loan limit of $11 million, 75,000 customers, 275 employees in volunteer community leadership roles and 550 total employees. Extraco offers trust, insurance, brokerage, mortgage and technology solutions to complement its traditional bank product line.