News

CresCom Bank Announces Eight New Team Members in its Carolina Markets

CresCom Bank, the community-banking leader within the Carolinas, welcomes eight new team members to its growing team.

CresCom Bank Announces Danita Eldridge as Electronic Banking Manager/Assistant Vice-President

CresCom Bank, the community-banking leader within the Carolinas, has named Danita Eldridge as its new electronic banking manager and assistant vice president.

CresCom Bank Appoints New Wilmington Market Leader/SVP for Retail Mortgage Banking Division

CresCom Bank, the community-banking leader within the Carolinas, has named Wade Burke as senior vice president and Wilmington market leader for its Retail Mortgage Banking division.

Carolina Financial Corp. Reports Results for the First Quarter of 2016

Carolina Financial Corporation (NASDAQ: CARO) today announced financial results for the three months ended March 31, 2016.

CresCom Bank Promotes Customer Care Center Manager Amanda Dale to Assistant Vice President

CresCom Bank, the community banking leader within the Carolinas, has promoted Amanda Dale to assistant vice president working out of the bank’s Customer Care Center in Whiteville, N.C.

Joy Cash Named Branch Manager/VP for CresCom Bank’s First Wilmington Branch

CresCom Bank, the community banking leader within the Carolinas, has appointed Joy Cash as branch manager and vice president for its new Wilmington bank branch which opened on April 18.

Cameron Smith Joins CresCom Bank as Mortgage Loan Originator

CresCom Bank, the community banking leader within the Carolinas, has added Cameron Smith to its team as its newest mortgage loan originator.

CresCom Bank Appoints Kristen Hopson as Mt. Pleasant Branch Manager

CresCom Bank, the community banking leader within the Carolinas, has named Kristen Hopson as its branch manager for its Mount Pleasant location, reporting to Nancy Bergin.

CresCom Bank Expands Team with New Hires

CresCom Bank, the community banking leader within the Carolinas, has added to its staff this month.

Robert Haile Named CresCom Bank’s Chief Investment Officer, Treasurer

CresCom Bank, the community-banking leader within the Carolinas, has named Robert Haile as the bank’s chief investment officer and treasurer.

Jim Hutto Joins CresCom Bank as VP/Commercial Loan Officer

CresCom Bank, the community-banking leader within the Carolinas, has named Jim Hutto as vice president and commercial loan officer.

Joseph S. Kassim Named CresCom Bank’s Chief Accounting Officer

CresCom Bank, the community-banking leader within the Carolinas, has named Joseph S. Kassim as the bank’s Chief Accounting Officer.

Crescent Mortgage Company’s Board of Directors Names Fowler Williams CEO

Crescent Mortgage Company, an Atlanta-based mortgage company owned and operated by Carolina Financial Corporation (NASDAQ: CARO), recently announced that its Board of Directors has named current President Fowler Williams its chief executive officer.

Ryan Funke Joins CresCom Bank as Vice President, Commercial Lender

CresCom Bank, the community-banking leader within the Carolinas, welcomes Ryan Funke as the newest vice president/commercial lender.

CresCom Bank Sponsors Walk for Autism for 6th Year

CresCom Bank announces that it once again will be sponsoring the annual Walk for Autism on April 16.

CresCom Bank Announces New Promotions and Hires

CresCom Bank, the community banking leader within the Carolinas, has promoted team members and added to its staff this month.

CresCom Bank Announces Team Member Promotions and New Hires

CresCom Bank, the community banking leader within the Carolinas, has promoted team members and added to its staff this month.

Carolina Financial Corp. Reports Results for Q4 2015 & Announces First Quarter Dividend

Carolina Financial Corporation (NASDAQ: CARO) today announced net income for the three and twelve months ended December 31, 2015.

CresCom Bank Names Travis Dannelly Business Development Officer/Assistant Vice President

CresCom Bank, the community-banking leader within the Carolinas, has promoted Travis Dannelly to the position of business development officer and assistant vice president at its Myrtle Beach bank branch.

Carolina Financial Corp. Shares Presentation After Congaree Bancshares, Acquisition Announcement

In connection with today’s Congaree Bancshares, Inc. (OTC Pink: CNRB) merger agreement announcement, Carolina Financial Corporation (NASDAQ:CARO), the parent company of CresCom Bank, has provided an investor presentation on its website at http://www.haveanicebank.com.

Carolina Financial Corp. Announces Agreement to Acquire Congaree Bancshares, Inc.

Carolina Financial Corporation (NASDAQ:CARO), the parent company of CresCom Bank, and Congaree Bancshares, Inc. (OTC Pink: CNRB), the parent company of Congaree State Bank, today announced the signing of a definitive agreement pursuant to which Carolina Financial Corporation will acquire Congaree Bancshares, Inc. in a cash and stock transaction with a total current value of approximately $16.3 million, which includes the assumption of approximately $1.6 million in preferred stock.

CresCom Bank Names Joel Foster South End Market Executive and VP/Commercial Loan Officer

CresCom Bank, the community-banking leader within the Carolinas, has added Joel Foster, a well-known local commercial lending expert, to its team.

CresCom Bank Hires John Perritt as Wilmington Retail Mortgage Market Leader and Senior VP

CresCom Bank, the community bank leader within the Carolinas, has named John Perritt as its Wilmington retail mortgage market leader and senior vice president

Michelle Brannon Blower Named CresCom Bank Branch Manager for Greenville Location

CresCom Bank, the community bank leader within the Carolinas, has appointed Michelle Brannon Blower branch manager for its Greenville-based branch.

CresCom Bank Helps Raise $1,200 for Myrtle Beach Intermediate School’s Angel Tree Fund

This holiday season, CresCom Bank associates helped raise $1,200 in donations for the Angel Tree fund at Myrtle Beach Intermediate School.

CresCom Bank Raises $1,200 for Local Nonprofit Fostering Hope

Team members of CresCom Bank came together this holiday season to help raise $1,200 for the Conway-based non-profit Fostering Hope.

Carolina Financial Corporation Announces Pricing of Public Offering of Common Stock

Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced today that on December 8, 2015 it priced an underwritten public offering of 1,967,214 shares of its common stock at a price to the public of $15.25 per share for gross proceeds of approximately $30.0 million.

CresCom Bank Adds VP/Commercial Loan Officer Josh Kimbrell to its Greenville Team

CresCom Bank, the community bank leader within the Carolinas, has named Josh Kimbrell as its new vice president and commercial loan officer for the Greenville market.

CresCom Bank Expands, Adds Three New Team Members

Amanda Diehl Joins CresCom Bank as Vice President and Internal Auditor

CresCom Bank, the community bank leader within the Carolinas, continues its growth with the addition of Amanda Diehl as the bank’s newest vice president/internal auditor.

Carolina Financial Corporation Announces Proposed Offering of Common Stock

Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced today that it has commenced an underwritten offering of approximately $25 million of its common stock.

CresCom Bank Adds Six Members to Growing Team

CresCom Bank, the leader in community banking throughout the Carolinas, adds six new team members to its growing staff this month.

Carolina Financial Corp. Reports Results for Third Quarter of 2015

Carolina Financial Corporation (NASDAQ: CARO), today announced net income for the three and nine months ended September 30, 2015.

CresCom Bank Offers Free Copies of “Lessons in Leadership,” Plus Book Signings by Author Rod Gragg

CresCrom Bank welcomes “Military Memoirs” host and award-winning author and historian Rod Gragg to several of its bank branches during November to honor the sacrifice and service made by veterans.

Russ Thompson Joins Business Development Office in CresCom Bank’s Wilmington Market

CresCom Bank, a leader in community banking in the Carolinas, is pleased to announce that Russ Thompson has joined its Wilmington-based business development team as a business development officer.

CresCom Bank Welcomes Five New Team Members

CresCom Bank Welcomes Katie Matthews as Mortgage Loan Officer

CresCom Bank, the community bank leader within the Carolinas, continues its growth as Katie Matthews joins the Charleston Mortgage team as its newest mortgage loan originator.

David Smith Joins CresCom Bank’s Conway Branch as Mortgage Loan Originator

CresCom Bank, the community bank leader within the Carolinas, welcomes David Smith to its Conway Mortgage team as a mortgage loan originator for its Conway branch, reporting to Mark Branstrom.

CresCom Bank Socastee Branch Welcomes Caron Durham as Mortgage Loan Originator

Caron Durham joins CresCom Bank, the community bank leader within the Carolinas, as a mortgage loan originator for its Socastee mortgage team, reporting to Mark Branstrom.

CresCom Bank Taps Local Talent & Adds Four New Team Members

CresCom Bank, the leader in community banking throughout the Carolinas, adds four new team members to its growing staff this month. Additions include:

CresCom Bank Welcomes New Holden Beach Branch Manager Jim Gonsman

CresCom Bank, the community bank leader within the Carolinas, has named Jim Gonsman as its branch manager for the Holden Beach branch location.

John Szalay Joins CresCom Bank’s Wilmington Loan Production Office

John Szalay has joined CresCom Bank's Wilmington Mortgage Team to provide lending expertise and service at the Wilmington loan production office.

CresCom Bank’s First Greenville Branch Location Now Open

CresCom Bank, the leader in community banking throughout the Carolinas, has officially opened its Greenville Bank Branch.

Wilmington’s Long-Time Banking Executive Ronnie Burbank Joins CresCom Bank

CresCom Bank, the leader in community banking throughout the Carolinas, is pleased to announce Ronnie Burbank as vice president and commercial loan officer for its Wilmington market.

CresCom Bank Adds Four New Members to the Community Bank’s Team

CresCom Bank, the leader in community banking throughout the Carolinas, has added four new team members this month.

Carolina Financial Corp. Board of Directors Approves Quarterly Cash Dividend

Carolina Financial Corporation (NASDAQ: CARO) announced today that its Board of Directors approved a quarterly cash dividend of $0.03 per share on July 22, 2015.

Carolina Financial Corporation Reports Results for Second Quarter of 2015

Carolina Financial Corporation (NASDAQ: CARO), today announced net income for the three and six months ended June 30, 2015.

Conway’s Seasoned Banking Executive Joe Cox Joins CresCom Bank

CresCom Bank, the leader in community banking throughout the Carolinas, is pleased to announce Joe Cox as vice president and city executive for its Conway market.

Distinguished S.C. Banking Executive Craig Robinson Joins CresCom Bank

CresCom Bank, the leader in community banking throughout the Carolinas, is pleased to announce Craig Robinson has joined the organization as vice president and business development officer for its Upstate market.

CresCom Bank Names Jean Chestnut Vice President of the Collections Department

CresCom Bank, the leader in community banking throughout the Carolinas, has named Jean Chestnut the vice president of its Collections Department.

Carolina Financial Corporation Board of Directors Approves a 20% Stock Dividend

Carolina Financial Corporation (NASDAQ: CARO) announced today that its Board of Directors declared a six-for-five stock split representing a 20% stock dividend to stockholders of record as of July 15, 2015 payable on July 31, 2015.

CresCom Bank Names it N.C. Regional Retail Banking Manager as New Vice President

CresCom Bank, the leader in community banking throughout the Carolinas, is pleased to promote Amanda “Mandy” Kelly to the position of vice president.

CresCom Bank Opens First Branch in Greenville, S.C.

CresCom Bank, the wholly-owned bank subsidiary of Carolina Financial Corporation (NASDAQ: CARO), has announced plans to open its first branch within the Greenville, S.C. market.

CresCom Bank Adds New Members to the Community Bank’s Team

CresCom Bank, the leader in community banking throughout the Carolinas, has added new team members this month.

CresCom Bank Promotes Marshall Cooper to Commercial Market Executive/Senior VP for Wilmington Market

CresCom Bank, the leader in community banking throughout the Carolinas, has promoted Marshall Cooper to the position of commercial market executive and senior vice president for the Wilmington, N.C. market.

CresCom Bank Expands Team with New Hires this Spring

CresCom Bank, the leader in community banking throughout the Carolinas, has expanded its team this spring with four new members.

CresCom Bank & the College of Charleston Name Recipients of Hospitality Business Plan Competition

CresCom Bank, in conjunction with the College of Charleston’s Department of Hospitality and Tourism Management (HTMT), have selected four winning teams from its annual Hospitality Business Plan competition.

CresCom Bank Launches ‘Nice New Look’ with New Mobile-Friendly Website

CresCom Bank, a leader in community banking, has launched an all-new website for its customers.

Carolina Financial Corporation Appoints New Chairman to its Board of Directors

Carolina Financial Corporation (NASDAQ: CARO) announced today the appointment of G. Manly Eubank as chairman of its Board of Directors.

American Banker Ranks Carolina Financial Corp. #1 on its List of Top 200 Community Banks

Carolina Financial Corporation (NASDAQ: CARO) was #1 on American Banker’s list of Top 200 Publicly Traded Community Banks and Thrifts with assets less than $2 Billion as ranked by three-year average return on average equity (ROAE) that was released in late April.

Carolina Financial Corp. Board of Directors Approves Quarterly Cash Dividend for Q1, 2015

Carolina Financial Corporation (NASDAQ: CARO) announced today that its Board of Directors approved a quarterly cash dividend of $0.03 per share on April 29, 2015.

Carolina Financial Corporation Reports Results for First Quarter of 2015

Carolina Financial Corporation (NASDAQ: CARO), today announced that net income for the first quarter of 2015 increased approximately 55% to $3.0 million, or $0.38 per share diluted, as compared to $1.9 million, or $0.25 per share diluted, for the first quarter of 2014.

CAROLINA FINANCIAL CORP. REPORTS RESULTS FOR 2014

Carolina Financial Corporation (NASDAQ: CARO), today announced net income for the year ended December 31, 2014 of $8.3 million, or $1.05 per diluted share.

CRESCOM BANK WELCOMES VERONICA GILBERT AS NEW SECONDARY MARKETING SPECIALIST

CresCom Bank has added Veronica Gilbert as its new secondary marketing specialist.

CresCom Bank Names Helen Peters as North Myrtle Beach Branch Manager

CresCom Bank has named Helen Peters as its new North Myrtle Beach branch manager.

Carolina Financial Corp. & CresCom Bank Report First Quarter Earnings

Also, receive SEC approval for Form 10 filing.

Alan Greer Joins CresCom Bank as Senior VP & Charleston Market Leader for Retail Mortgage Banking

CresCom Bank has named Alan Greer as its senior vice president and the Charleston market leader for its Retail Mortgage Group.

CRESCOM BANK TO OPEN NEW BRANCH IN CANE BAY

Representatives of CresCom Bank announced today that they will be opening an office at The Market at Cane Bay, a retail shopping complex situated adjacent to Cane Bay Boulevard and Highway 176 in Berkeley County.

CresCom Bank Launches CresCom University, New Internal Training Program

This spring, CresCom Bank has launched its new in-house training and development program, aptly named CresCom University, for employees.

CAROLINA FINANCIAL CORP. RANKED #1 S.C. COMMUNITY BANK FOR 3-YEAR ROAE BY AMERICAN BANKER MAGAZINE

Carolina Financial Corporation (OTCQB: CARO), the holding company for CresCom Bank, a S.C. state-chartered community bank, has been ranked the #1 S.C.-based community bank on American Banker Magazine’s current list of “Top 200 Community Banks and Thrifts as Ranked by Three-Year Average ROE.”

10 Local Students Receive John M. Settle, Sr. Award, Funded in Part by CresCom Bank

Last week, 10 Charleston County students were awarded the John M. Settle, Sr. Award from the Charleston Foreign Affairs Forum, a nonprofit organization and an affiliate of the World Affairs. 10 Local Students Receive John M. Settle, Sr. Award, Funded in Part by CresCom Bank

ANISSA GODDARD NAMED NEW WEST ASHLEY BRANCH MANAGER

CresCom Bank has named Anissa Goddard its new branch manager for the bank’s West Ashley branch.

CRESCOM BANK EXPANDS TEAM, ADDS FIVE NEW TEAM MEMBERS

This month, CresCom Bank has added five new team members to its Lowcountry branches and Operations Department, including Jolie Sturm, Brad Gorman, Lichiron Johnson, Austin Dalton and Dawn Hunter.

CRESCOM BANK WILL OFFER QUICK CARD, AN INSTANT ISSUE DEBIT/ATM CARD, BEGINNING THIS SUMMER

CresCom Bank announced today that it will offer its customers instant issue debit and/or ATM cards, aptly named Quick Card, beginning this summer.

CRESCOM BANK ADDS NEW FULL AND PART-TIME EMPLOYEES

CresCom Bank announced today the addition of four new team members to its Lowcountry branches.

TRACEY POWERS JOINS CRESCOM BANK AS NEW CANE BAY BRANCH MANAGER

CresCom Bank has named Tracey Powers as its new branch manager for the bank’s Cane Bay branch opening mid summer.

CRESCOM BANK’S KENT LARSEN RECEIVES CERTIFICATION FROM THE ABA’S INSTITUTE OF CERTIFIED BANKERS

CresCom Bank’s Kent Larsen, a compliance specialist with the bank since 2012, has earned the Certified Regulatory Compliance Manager (CRCM) certification from the American Bankers Association (ABA) Institute of Certified Bankers.

CRESCOM BANK ADDS TWO NEW MEMBERS TO ITS TEAM IN CHARLESTON, S.C.

CresCom Bank has named John Hardy as its new credit analyst in the Charleston, S.C., area and has announced Zuberi Jackson as the newest member to its Call Center.

CRESCOM BANK EXPANDS TO GREENVILLE, NAMES FRIERSON UPSTATE MARKET LEADER & EXECUTIVE VP

CAROLINA FINANCIAL CORPORATION STOCK NOW LISTED ON NASDAQ

Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced today that its public stock has transitioned from the OTCQB marketplace (“OTCQB”) to the NASDAQ Capital Market as of July 1, 2014.

Carolina Financial Corporation Reports Results for Second Quarter of 2014

Carolina Financial Corporation (NASDAQ: CARO) today announced that net income for the second quarter of 2014 was $2.2 million, or $.57 per share diluted, and $4.2 million, or $1.07 per share diluted, for the first half of 2014.

CRESCOM BANK WELCOMES THREE NEW TEAM MEMBERS THIS JULY

CresCom Bank has announced three new members to its Charleston team.

CRESCOM BANK ADDS FOUR NEW MEMBERS TO ITS TEAM IN CHARLESTON, S.C.

CresCom Bank has added four new Charleston team members, including customer service representative Terrie Wilson and part-time teller Kayla Seay to its Cane Bay branch opening later this summer, and part-time tellers Belinda Heath and Scarlett Henson to its James Island and Meeting Street branches respectively.

CresCom Bank’s Quick Card, an Instant Issue Debit Card, is Now Available to Customers

CresCom Bank now offers its customers Quick Cards, instant issue debit cards.

CRESCOM BANK INTRODUCES ‘PAY YOU FIRST’ SAVINGS ACCOUNT

CresCom Bank is offering a new savings account, Pay You First, that will allow customers to establish recurring automatic transfers from their CresCom Bank checking account each month into a separate savings account that helps make saving easy and convenient.

CANE BAY AND SOCASTEE GRAND OPENINGS

More CresCom Bank branch location openings means more added convenience for our customers - and more ways for them to "have a nice bank"!

CRESCOM BANK TO EXPAND IN S.C. & SOUTHEASTERN N.C. WITH 13 BRANCH PURCHASE

CresCom Bank, the wholly-owned bank subsidiary of Carolina Financial Corporation (NASDAQ: CARO), today announced it has entered into a definitive agreement with First Community Bank, Bluefield, Virginia to acquire 13 branches with total deposits of approximately $230 million and approximately $59 million in loans.

CRESCOM BANK HOSTS GRAND OPENING FOR NEW CANE BAY BRANCH

CresCom Bank officially invites the general public to come experience its new Cane Bay branch within The Market at Cane Bay, a retail-shopping complex in Berkeley County.

CresCom Bank Invites the Public to its New Socastee Branch Grand Opening Event

CresCom Bank will host the grand opening of its new Socastee branch within the Myrtle Beach area and officially invites the general public to come experience the bank’s new location on Thursday, Aug. 28.

CRESCOM BANK EXPANDS MORTGAGE RETAIL TEAM, NAMES TODD BERG NEW LOAN ORIGINATOR

CresCom Bank has named Todd Berg as its new loan originator for Conway, S.C., to help better meet the mortgage needs of that community.

CRESCOM BANK’S DAVID MORROW APPOINTED TO CLEMSON UNIVERSITY BOARD OF VISITORS

David Morrow, the president and CEO of CresCom Bank, has been appointed to the Clemson University Board of Visitors.

CRESCOM BANK WELCOMES THREE NEW TEAM MEMBERS THIS SEPTEMBER

In order to help provide the service its customers have come to expect, CresCom Bank is pleased to name Ann Conlon as its newest floater teller for the Charleston area, Lindsey Duggento as its part-time teller at its branch in Socastee, S.C. and Jamie Purvis as a teller at its West Ashley, S.C. location.

CRESCOM BANK NAMES TIFFANY KIMINSKI AS ITS NEW DATA CENTER MANAGER

CresCom Bank has promoted Tiffany Kiminski to the position of data center manager at its Operations Center in West Ashley.

CRESCOM BANK NAMES ROB CROWE AS ASSISTANT VICE PRESIDENT

CresCom Bank has announced the promotion of Rob Crowe as its new assistant vice president.

CRESCOM BANK WELCOMES NEW MORTGAGE ORIGINATOR

CresCom Bank has named Brian Davidson as its new mortgage originator. Davidson will be working out of the bank’s James Island branch.

CRESCOM BANK ANNOUNCES GRIFFIN MORROW AS ASSISTANT VICE PRESIDENT

CresCom Bank has announced the promotion of Griffin Morrow as its new assistant vice president. CresCom Bank has announced the promotion of Griffin Morrow as its new assistant vice president.

CRESCOM BANK ANNOUNCES JORDAN MILLER AS ASSISTANT VICE PRESIDENT

CresCom Bank has announced the promotion of Jordan Miller as its new assistant vice president.

CRESCOM BANK NAMES NEW SENIOR VP & MANAGER OF RETAIL MORTGAGE OPERATIONS

CresCom Bank has named Trina Dusenbury its new senior vice president and manager of Retail Mortgage Operations.

CRESCOM BANK ANNOUNCES SEVEN NEW TEAM MEMBERS

CresCom Bank has added seven new team members this month.

CresCom Bank Spreads Goodwill, Donates $10K to Water Missions International

This October, CresCom Bank donated $10,000 to Water Missions International, a nonprofit Christian engineering organization that provides sustainable safe water and sanitation solutions for people in developing countries.


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