Nexity Financial Corporation announced today that it will release third quarter 2006 financial results after the market closing on Monday, October 30, 2006.

In conjunction with the Third Quarter 2006 Earnings Release from Nexity Financial Corporation (Nasdaq:NXTY), you are invited to listen to its conference call that will be broadcast via the internet on Tuesday, October 31, 2006 at 10:00 a.m. Eastern Daylight Time (EDT).

    What:    Nexity Financial Corporation Third Quarter 2006
         Earnings Release Conference Call

When:    Tuesday, October 31, 2006 @ 10:00 a.m. EDT

Where:   Live via the Internet and Windows Media Player
         http://www.nexitybank.com/ then to the Investor Relations
         section, to conference in via the web
         Then click on "Third Quarter 2006 Earnings Release
         Conference Call." The Webcast access will be "listen only".

Webcast URL: http://www.vcall.com/IC/CEPage.asp?ID=109892


Live via telephone to conference in via telephone

         1-877-407-8033 (U.S. and Canada)
         (201) 689-8033 (International)


Contact: David Long, 205-298-6411

Interested parties may access archived versions of the presentation on the Investor Relations section of www.nexitybank.com or at 877-660-6853 or 201-612-7415 (International),

Replay Passcode (required for playback access): 286

Conference ID (required for playback access): 216293

About Nexity Financial Corporation

Nexity Financial Corporation is a $834 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.