CresCom Bank Adds Caroline Maultsby to the Wilmington Team as Mortgage Loan Originator
CHARLESTON, S.C., June 29, 2016 – CresCom Bank, the community-banking leader within the Carolinas, welcomes Caroline Maultsby to its Wilmington branch as a mortgage loan originator, reporting to Wade Burke.
Maultsby holds an associate’s degree in business from Cape Fear Community College and brings prior experience from Bank of America where she served as a mortgage loan originator, as well as various experience from other firms and financial institutions.
“Caroline is an excellent addition to our CresCom team and will be a valuable asset within our Wilmington banking community,” said David L. Morrow, CEO of CresCom Bank. “She brings great experience that will help us to better serve the community and its financial needs.”
About CresCom Bank
CresCom Bank, a leader in community banking, is dedicated to providing exceptional customer service and quality products to the communities it calls home, and prides itself on its strong knowledge of local business and economic trends. Currently, CresCom Bank has 27 branch locations throughout the Carolinas, in addition to a loan production office in Wilmington, N.C. In January 2016, the Carolina Financial Corporation, the bank’s parent company, announced the acquisition of Congaree Bancshares, Inc., a $116 million bank holding company headquartered in the Columbia, S.C. market. Currently, CresCom Bank also owns and operates Crescent Mortgage Company, which lends in 45 states, partners with 2,000 community banks, credit unions and mortgage brokers, and offers access to various loan programs. In 2015, Carolina Financial Corporation (NASDAQ: CARO) ranked #1 on American Banker’s list of “Top 200 Community Banks and Thrifts as Ranked by Three-Year Average ROE.” It was also added to the Nasdaq Community Bank Index (ABAQ) by the American Banker’s Association. As of March 31, 2016, Carolina Financial Corporation had approximately $1.5 billion in total assets.