CresCom Bank Promotes Paula Gore to Assistant Vice President

CHARLESTON, S.C., December 19, 2018 – CresCom Bank, a leading community bank in North and South Carolina, is pleased to announce the promotion of Paula Gore, branch manager of the Little River branch, to assistant vice president.

Gore joined CresCom Bank in the summer of 2014 as a customer service representative and was quickly promoted to branch manager in December of 2014, in conjunction with the North Carolina branch acquisitions. Prior to joining CresCom Bank, Gore began her banking career at BB&T as a financial center leader.

“Please join CresCom Bank in congratulating Paula on her promotion to assistant vice president,” said David L. Morrow, CEO of CresCom Bank. “Gore has been a dedicated employee for many years, and we are excited to see her continue to thrive as a part of the CresCom Bank team.”

About CresCom Bank:

CresCom Bank, the second largest community bank in the Carolinas, 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 61 branch locations throughout North and South Carolina, and as of September 30, 2018 has approximately $3.7 billion in total assets. 

Under the holding company of Carolina Financial Corporation (NASDAQ: CARO), CresCom Bank is one of 29 small-cap banks in the nation to be recognized as a 2017 Sandler O’Neill Sm-ALL Stars. CARO was also added to the Nasdaq Community Bank Index (ABAQ) by the American Banker’s Association. CresCom Bank owns Crescent Mortgage Company, which originates loans in 47 states partnering with community banks, credit unions and mortgage brokers.

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