March 5, 2010 (FinancialWire) — Community Central Bank Corp. (NASDAQ: CCBD), the holding company for Community Central Bank, said it has sold $4.225 million of series B convertible preferred stock in a private transaction to local investors.

David A. Widlak, president and CEO of the bank and the corporation noted that, “It has been a very difficult task for Michigan community banks to raise capital in the current economic environment. We are very grateful to Leonard Capital Markets for introducing our bank to community-minded investors.”

Michigan-based Community Central Bank is the holding company for Community Central Bank, which serves businesses and consumers across Macomb, Oakland, Wayne and St. Clair counties with a range of lending, deposit, trust, wealth management and Internet banking services.

The bank operates four full service facilities.

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