December 19, 2013, Myrtle Beach, S.C. – Representatives from CresCom Bank announced today the addition of five new members to its Retail Mortgage Group team, including Amanda Phillips, Craig Rabon, Patty Stacy, Scott Branstrom and Griffin Morrow.

Both Rabon and Phillips were named as assistant vice presidents for the Retail Mortgage Group.

Phillips is a Horry County native with nearly a decade of mortgage business experience. Previously, she served as a mortgage loan officer at Bank of America and prior to that, worked as the assistant branch manager and personal banking officer at Coastal Federal Bank.

Previously, Rabon spent more than 15 years with Bank of America as a vice president and senior mortgage loan officer. At Bank of America, he was named to its Platinum Club seven times, an honor reserved for the top performing two percent of its mortgage loan originators.

In her new role, Stacy will serve as a mortgage originator for the North Myrtle Beach, Little River, Conway, Loris and Brunswick County areas within the Carolinas. Stacy has more than 30 years of mortgage banking experience and was formerly the president of the Charlottesville Area Mortgage Bankers Association.

As a retail mortgage loan officer, Branstrom will ensure a smooth end-to-end process for Grand Strand customers. Prior to joining the bank, Branstrom served as a mortgage loan officer and specialist for Bank of America in Myrtle Beach. During his tenure with Bank of America, Branstrom consistently ranked in the upper tier for lead conversion to application for the Southeast division (includes the Carolinas, Florida and Georgia.)

Before transitioning to his new mortgage loan officer position within the Bank’s Retail Mortgage Group, Morrow spent nearly a decade in CresCom Bank’s Commercial Lending department. Morrow has received the Xinnix (mortgage) Certification, a certification held by only one half of a percent of all mortgage originators within the United States. He also received his graduate degree in banking from Louisiana State University.

Mark Branstrom, the community bank’s new Retail Mortgage Group president, heads up the Retail Mortgage Group team. Prior to joining CresCom Bank, Branstrom served as the senior vice president at Bank of America and was named to its Platinum Club a record 23 times. The club represents Bank of America’s mortgage loan originators who perform at the top two percent of their field. Branstrom was also named Bank of America’s top originator 10 times during his tenure.

“I’m pleased to welcome these five new members to our Retail Mortgage Group,” said Branstrom. “They have extensive experience within the Carolina marketplace and are professionals who know how to deliver quality mortgage service and products to our customers.”

About CresCom Bank

CresCom Bank’s origins were derived from the consolidation of Crescent Bank and Community FirstBank.

Both Community FirstBank (Charleston) and Crescent Bank (Myrtle Beach) were founded by local business leaders committed to building successful banks in both cities under the umbrella of parent holding company Carolina Financial Corporation. The reason for both banks forming was the same: as a response to several large bank mergers that left few community banking choices for area residents and businesses.

CresCom Bank has 11 locations along the coast of South Carolina. Offering a strong core of banking products and services and a committed group of community leaders, management and personnel, CresCom Bank remains committed to warm, exceptional service and a strong knowledge of local businesses and economic trends.

It’s this dedication that makes "Have a nice bank." more than just a slogan, but a commitment to service. This, combined with years of experience and unique understanding of financial opportunities along coastal South Carolina, makes CresCom Bank the perfect fit for either personal or business financial needs.

To learn more about CresCom Bank, visit or call 1-855-CRESCOM.

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