CresCom Bank Named “Favorite Bank” by Charleston’s Choice Awards
CHARLESTON, S.C., Sept. 28, 2016 – CresCom Bank, the community-banking leader within the Carolinas, has confirmed its position as top community bank with the recent Charleston’s Choice Awards win in the category of “Favorite Charleston Bank.”
The Charleston’s Choice Awards are hosted by The Post and Courier and winners were selected through a two step process. First, local Charleston businesses were nominated throughout a number of categories and then, the public was asked to vote on its favorite under each category.
“We’re so honored to be awarded ‘Favorite Bank’ by Charleston’s Choice Awards,” said David L. Morrow, CEO of CresCom Bank. “We are proud of the service that we have provided to our customers and will continue to strive to maintain that position.”
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 29 branch locations throughout the Carolinas, in addition to a loan production office in Wilmington, N.C. 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 June 30, 2016, Carolina Financial Corporation had approximately $1.6 billion in total assets.
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