CresCom Bank Welcomes New Vice President and Commercial Lender for new Greer Office

MYRTLE BEACH, S.C., June 9, 2017 – CresCom Bank, the community-banking leader within the Carolinas, welcomes Jeff Howard as a new vice president and commercial lender for the Poinsett Branch in Greer, South Carolina.

Howard, who has an extensive banking background, joins CresCom Bank from First South Bank where he worked as a commercial lender.

Prior to that, Howard worked for First Citizens bank where he served in the commercial lending department. He graduated with a bachelor’s degree in management and marketing from UNC-Wilmington.

“CresCom Bank is always striving for excellence in everything we do and we are excited to continue adding to our successful team,” said David L. Morrow, CEO of CresCom Bank. “Jeff is a great addition to the CresCom Bank team and we are excited for him to join our team in Greer.”

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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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