ELKIN, NC--(MARKET WIRE)--Nov 6, 2008 -- Yadkin Valley Financial Corporation (NasdaqGS:YAVY - News) today announced that it will report its third quarter 2008 financial results on Friday, November 7, 2008 before the market opens. Management will host a conference call at 10 a.m. EST to discuss the results.

Webcast: http://investor.shareholder.com/media/eventdetail.cfm?mediaid=34032&c=YAVY&mediakey=2EC97FB1512FA3AAE1D4A35451126E83&e=0 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove extra spaces if one exists.)

Dial-in: 800-762-8795

About Yadkin Valley Financial Corporation

Yadkin Valley Financial Corporation is the holding company for Yadkin Valley Bank and Trust Company, a full service community bank providing services in 30 branches throughout its four regions in North Carolina. The Yadkin Valley Bank region serves Ashe, Forsyth, Surry, Wilkes, and Yadkin Counties, and operates a loan production office in Wilmington, NC. The Piedmont Bank region serves Iredell and Mecklenburg Counties. The High Country Bank region serves Avery and Watauga Counties. The Cardinal State Bank region serves Durham, Orange, and Granville Counties. The Bank provides mortgage lending services through its subsidiary, Sidus Financial, LLC, headquartered in Greenville, North Carolina. Securities brokerage services are provided by Main Street Investment Services, Inc., a Bank subsidiary with four offices located in the branch network.

     For additional information contact:
      
     William A. Long
     President and CEO
      
     Edwin E. Laws
     CFO
     (336) 526-6312
      
     Megan Malanga
     Nvestcom Investor Relations
     (954) 781-4393
     Email Contact