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CRESCOM BANK NAMES KIM SMITH NEW INTERNAL AUDIT MANAGER

July 3, 2013, Myrtle Beach, S.C. – Representatives of CresCom Bank are pleased to announce the promotion of Kim Smith to position of internal audit manager.

In her new role, Smith will oversee and manage the internal audit controls of the bank.

Smith joined CresCom Bank in May 2011 as a member of its Compliance Department. In September 2012, she was promoted to AVP/compliance analyst. Before joining CresCom Bank, Smith served as the internal auditor at BNC (Bank of North Carolina), director of internal audit at Beach First National Bank, and as the auditor at the public accounting firm Rowles and Company. Smith attended Hood College, earning a bachelor of arts in management, before going on to pursue a masters of science in finance at Loyola College.

“Kim is a valued member of our CresCom Bank team who brings with her strong experience and talents that will be beneficial in her new position as internal audit manager,” said CresCom Bank Chief Executive Officer David L. Morrow.

About CresCom Bank
CresCom Bank’s origins were derived from the consolidation of Crescent Bank and Community FirstBank.

Both Community FirstBank (Charleston) and Crescent Bank (Myrtle Beach) were founded by local business leaders committed to building successful banks in both cities under the umbrella of parent holding company Carolina Financial Corporation. The reason for both banks forming was the same: as a response to several large bank mergers that left few community banking choices for area residents and businesses.

CresCom Bank has 10 locations along the coast of South Carolina. Offering a strong core of banking products and services and a committed group of community leaders, management and personnel, CresCom Bank remains committed to warm, exceptional service and a strong knowledge of local businesses and economic trends.

It’s this dedication that makes "Have a nice bank." more than just a slogan, but a commitment to service. This combined with years of experience and unique understanding of financial opportunities along coastal South Carolina that makes CresCom Bank the perfect fit for either personal or business financial needs.

To learn more about CresCom Bank, visit www.facebook.com/CrescomBank or call 1-855-CRESCOM.

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