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CRESCOM BANK ANNOUNCES 2014 SPONSORSHIP OF WALK FOR AUTISM - CHARLESTON

March 14, 2014, Charleston, S.C. – Representatives of CresCom Bank are pleased to announce the bank will again be a sponsor for the annual Walk for Autism-Charleston fundraiser event on Saturday, May 3, at Hampton Park in downtown Charleston. This is the ninth consecutive year that the bank has served as a sponsor.

The annual fundraiser event is a family-friendly walk through Hampton Park featuring complimentary refreshments, live music, jump castles, a silent auction, therapy dogs, autism merchandise and haircuts by Great Clips.

To learn more about the event or to register for the walk, visit www.walkforautismcharleston.org/our-main-event/.

Walk for Autism-Charleston is a non-profit organization which raises funds to help many special children struggling with autism. Its primary goal is to fund scholarships for families to help pay for the treatment, and intervention through behavioral and relational development programs.

“We are proud to sponsor the Walk for Autism-Charleston again this year,” said CresCom Bank Chief Executive Officer David L. Morrow. “This is a great organization that we are happy to support and help in any way we can.”

About CresCom Bank
The mission of CresCom Bank is to be recognized as the leader in community banking by creating optimum value for customers and shareholders. CresCom Bank currently has 12 branch locations throughout South Carolina, and offers a strong core of banking products and services. It remains committed to warm, exceptional service and possesses a strong knowledge of local businesses and economic trends. CresCom Bank’s dedication to providing superior quality service exemplifies the bank’s “Have a nice bank” slogan. Carolina Financial Corporation (OTCQB: CARO) is the parent-holding company of CresCom Bank, and also owns and operates Atlanta-based Crescent Mortgage Company. Currently, the mortgage company lends in 43 states, partners with 2,000 community banks, credit unions and mortgage brokers, and offers access to various loan programs. In 2013, it ranked #9 on ABA Banking Journal’s national list of top performing non-S banks and thrifts with total assets of $100 million to $1 billion. To learn more about CresCom Bank, visit www.facebook.com/CresComBank and www.twitter.com/CresComBank or call 1-855-CRESCOM.

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