GreenBank USA And Merchant e-Solutions Expand Payment Processing Services To Businesses

Redwood City, CA – August 4, 2008 – Merchant e-Solutions, Inc. (MeS), a global leader in payment processing, today announced a partnership with GreenBank USA (NASDAQ – GRNB) to provide GreenBank and its merchants with the most innovative payment gateway, processing platform and web-based reporting system in the industry today.

MeS’ state-of-the-art capabilities will enable GreenBank to offer merchants complete access to a broad range of payment solutions that are affordable and easy to implement. Greeneville, Tennessee-based GreenBank currently has over 67 branch locations throughout Tennessee and is one of the largest independent commercial banks in its market.

“We are excited to be working with GreenBank as they grow their portfolio of merchants with the addition of MeS’s highly advanced platform integrating all payment authorization, settlement and real-time online reporting into one seamless interface,” said Sharif Bayyari, CEO of Merchant e-Solutions.

GreenBank will offer end-to-end superior payment services to local merchant customers with the MeS web-based merchant portfolio management system, sophisticated reporting, analysis tools and online merchant sign-up availability.

“We work diligently to provide a full range of solutions that will allow merchants to focus on what they do best, sell their products and services to consumers,” said Bill Adams, GreenBank’s
Chief Information Officer. “Our merchant customers can now utilize the web to take advantage of unsurpassed business management tools to process e-commerce and traditional payment methods - without the unnecessary IT and integration expense.”

About Merchant e-Solutions
    
Merchant e-Solutions (MeS) currently processes more than $14 billion dollars in payments for more than 65,000 merchants and specializes in services for e-commerce, card not present and traditional merchants. The comprehensive suite of payment solutions offered by MeS are PCI compliant and designed with features that eliminate the need for merchants to store cardholder data, thereby reducing a merchant’s risk exposure. With a streamlined interface, the MeS Payment Gateway provides merchants with an e-Commerce proven solution that’s easy on a merchant’s IT resources and ideal for integration with existing order-entry products, shopping carts and electronic retail systems.

About GreenBank USA

Greeneville, Tennessee-based Green Bankshares, Inc., with total assets of approximately $2.9 billion, is the holding company for GreenBank. GreenBank, which traces its origin to 1890, has 67 branches across East and Middle Tennessee, and one branch each in Bristol, Virginia, and Hot Springs, North Carolina. It also provides wealth management services through its GreenWealth Division and residential mortgage lending through its Mortgage Division. In addition, GreenBank conducts separate businesses through three wholly owned subsidiaries: Superior Financial Services, Inc., a consumer finance company; GCB Acceptance Corporation, a consumer finance company specializing in automobile lending; and Fairway Title Co., a title insurance company.