FOR IMMEDIATE RELEASE

Jim Lientz joins MidCountry Financial Corp board of directors

MACON, Ga. (10-12-10) MidCountry Financial Corp is pleased to announce that Jim Lientz has joined its board of directors. Lientz most recently served as the first chief operating officer for the state of Georgia, and brings more than 30 years of financial services experience to the board.

Lientz has experience in a wide range of financial services and business areas, having served as chairman of the Georgia Chamber of Commerce, the Georgia Corporation for Economic Development, and Metropolitan Atlanta Chamber. He also served as president of Mid-South Banking for Bank of America, and as the head of Bank of America's national Small Business Banking Segment, where he directed the delivery of financial services to more than 1,700,000 small businesses.

"We welcome Jim to the MidCountry family," said MidCountry Financial Corp President and CEO Bob Hatcher, "and know that he will be a tremendous asset as we grow our company into the financial services provider of choice."