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CRESCOM BANK’S JAMIN HUJIK JOINS THE FEDERAL RESERVE BANK OF RICHMOND’S FIFTH DISTRICT PAC

December 26, 2013, Charleston, S.C. – Today, representatives from CresCom Bank announced that Jamin Hujik has joined the Federal Reserve Bank of Richmond’s Fifth District Payment Advisory Council (PAC.) Hujik, the executive vice president at the community bank who operates out of its West Ashley branch, will serve on the PAC through May 2016.

The Federal Reserve Bank of Richmond’s Fifth District PAC is responsible for fostering open communication between the District’s financial institutions regarding operations and payment system policy.

“We are pleased to announce Jamin’s position on the Federal Reserve Bank of Richmond’s Fifth District Payment Advisory Council,” said CresCom Bank Chief Executive Officer David L. Morrow. “He continues to serve as a leader not only within our bank, but also within the industry, in regard to operations and policy matters.”

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 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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