CresCom Bank Welcomes David Renaker as Commercial Loan Officer and Vice President

CHARLESTON, S.C., January 2, 2017 – CresCom Bank, a leading community bank in North and South Carolina, is pleased to introduce David Renaker as commercial loan officer and vice president for the CresCom branch in Columbia, S.C.

In his new position as commercial loan officer, Renaker’s will be responsible for soliciting a variety of new commercial loans along with assisting customers within the community. This position also requires a strong sense of leadership, judgment, professionalism and dependability.  

Prior to joining CresCom Bank, Renaker worked at Coastal States Bank as a commercial banker. Renaker holds a Bachelor of Science degree in business administration from the University of South Carolina. 

“David’s experience and knowledge of the Columbia area makes him an excellent asset to the team to serve the Columbia community,” said David L. Morrow, CEO of CresCom Bank. “Please join CresCom Bank in welcoming him to our team.”

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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