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CRESCOM BANK NAMES DIANE AKEL PLATT AS NEW VP AND BRANCH MANAGER

March 21, 2014, Myrtle Beach, S.C. – CresCom Bank is pleased to announce the promotion of Diane Akel Platt to vice president and new branch manager for the 38th Avenue branch.

Platt has 10 years of experience with CresCom Bank and previously served as branch manager at its North Myrtle Beach location. She also worked as the Myrtle Beach operations manager for its branches, as well as a customer service representative.

“We are pleased to have Diane back at our 38th Ave. office as our new branch manager,” said David L. Morrow, CEO of CresCom Bank. “Her 10 years of experience and leadership, make her an excellent addition and asset to our 38th Ave. customers.”

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. 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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