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CresCom Bank Welcomes New Assistant Vice President and Commercial Loan Officer in Wilmington

MYRTLE BEACH, S.C., September 25, 2017 – CresCom Bank, a community-banking leader within the Carolinas, is pleased to welcome Shameena Broach as the new assistant vice president and commercial loan officer at the Wilmington, North Carolina branch.

Prior to joining CresCom Bank, Broach worked at South State Bank in several management roles including retail area manager vice president, retail sales leader assistant vice president, assistant branch manager and accounting assistant. Broach earned a Bachelor of Arts degree in history and a minor in religion at Meredith College and later attended North Carolina Bankers Association School of Banking where she expanded her management banking skills.

“We are happy to welcome Shameena to the CresCom Bank team,” said David L. Morrow, CEO of CresCom Bank. “Her leadership experience and commitment to the banking industry will be invaluable in providing high-touch quality care for our Wilmington area clients while leading our team of banking professionals.”

For additional information about CresCom Bank or to locate a local branch, visit http://www.haveanicebank.com.

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 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 March 31, 2017, Carolina Financial had approximately $2.2 billion in total assets. Crescent Mortgage Company originates loans in 47 states partnering with community banks, credit unions and mortgage brokers.

To learn more about CresCom Bank, visit www.facebook.com/CresComBank and http://www.twitter.com/CresComBank.

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