CresCom Bank Raises $1,800 for Myrtle Beach Intermediate School’s Angel Tree Fund

CHARLESTON, S.C., Dec. 12, 2017 – Employees at CresCom Bank, the community-banking leader within the Carolinas, raised $1,800 in donations for the Angel Tree fund at Myrtle Beach Intermediate School. The donations will go towards purchasing gifts for under privileged children who attend the school this holiday season.

“CresCom Bank has been a proud supporter for the Angel Tree program at Myrtle Beach Intermediate School for many years,” said David L. Morrow, CEO of CresCom Bank. “The Angel Tree fund is a very special resource for the school and its children. We are thrilled to help bring the Christmas joy to families in our local community.”

The Salvation Army’s annual Angel Tree program raises money for gifts and essential items for children in need, ages 0-12, during the holiday season. Families can “adopt” an angel to shop and provide Christmas gifts for. December 15 is the last date for Christmas gifts and donations and can be delivered to any Horry County Salvation Army locations or Grand Strand Mall.

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 62 branch locations throughout the Carolinas and also owns Crescent Mortgage Company. 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 September 30, 2017, Carolina Financial had approximately $2.3 billion in total assets. Crescent Mortgage Company originates loans in 47 states partnering with community banks, credit unions and mortgage brokers.

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