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CRESCOM BANK WELCOMES JOHN GRIGGS AS NEW VP AND COMMERCIAL LOAN OFFICER

January 22, 2014, Myrtle Beach, S.C. – CresCom Bank announced today the addition of John Griggs as a new vice president and commercial loan officer. Griggs will operate out of the bank’s Garden City office and is responsible for commercial business for the Southern Horry County and Waccamaw Neck areas.

Previously, Griggs served as a senior lender with Palmetto Heritage Bank. Prior to that, he worked in commercial lending for Horry County State Bank, and as market president for both Cooperative Bank and Regions Banks.

Griggs serves on the Grand Strand Water and Sewer Authority board and chairman emeritus of the E. Craig Wall Board of Visitors at Coastal Carolina University. He is also a board member and former chairman of the Coastal Carolina Housing Foundation.

“John is an excellent addition to our commercial lending team,” said CresCom Bank Chief Executive Officer David L. Morrow. “His experience within the market and industry will help us continue to deliver superior service to our commercial accounts.”

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 11 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 a unique understanding of financial opportunities along coastal South Carolina, make 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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