CresCom Bank Welcomes Kevin Hammond as New Mortgage Loan Originator in Mount Pleasant

MYRTLE BEACH, S.C., June 12, 2017 – CresCom Bank, the community-banking leader within the Carolinas, introduces Kevin Hammond as the new mortgage loan originator in Mount Pleasant, South Carolina.

Prior to joining CresCom Bank, Hammond served as a mortgage originator at South State Bank after having worked in the mortgage department at Bank of America. Hammond holds a bachelor’s degree in criminal justice from the University of South Carolina.

“CresCom Bank has experienced significant growth in 2017 and we are happy to have the opportunity to continue to add such talent to our team,” said David L. Morrow, CEO of CresCom Bank.

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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 34 branch locations throughout the Carolinas. Currently, CresCom Bank also owns and operates Crescent Mortgage Company, which lends in 45 states, partners with community banks, credit unions and mortgage brokers. 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, 2017, Carolina Financial had approximately $2.2 billion in total assets and Crescent Mortgage Company originated loans in 48 states partnering with community banks, credit unions and mortgage brokers.

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