Nexity Bank today announced the purchase of 4.5 acres of land in the Colonnade Office Complex in Birmingham, Alabama. Nexity plans to move its headquarters and retail/support office building from 3500 Blue Lake Drive Birmingham, Alabama to the Colonnade location. Nexity management expects its headquarters building to be completed within the next 18 to 24 months.

?We are excited to have acquired the land and look forward to building a state of the art building to continue the execution of our business plan. We are pleased to be a state chartered Birmingham based bank focused on providing correspondent banking services to community banks throughout the Southeast, Midwest and Southwest United States,? said Chairman and CEO Greg Lee.

About Nexity Financial Corporation

Nexity Financial Corporation (NASDAQ: NXTY) is an $891 million commercial bank offering deposit products nationwide consisting of money markets, checking accounts and online access. Nexity generates the majority of its income through wholesale correspondent banking activities. Nexity is headquartered in Birmingham, Alabama. Customer Service Representatives can be reached at 1-877-738-6391. To learn more about Nexity Bank please visit www.nexitybank.com.