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CresCom Bank’s Southport Branch Welcomes Ronald Barnes as Newest Mortgage Loan Originator

CHARLESTON, S.C., Sept. 13, 2016 – CresCom Bank, the community-banking leader within the Carolinas, is pleased to welcome Ronald Barnes as a mortgage loan originator for its Southport, N.C Mortgage team, reporting to Wade Burke.

Previously, Barnes served as a mortgage loan originator at Uwharrie Bank (Cabarrus Bank & Trust) and prior to that, was employed with Tarheel Mortgage Services.

Barnes holds a Bachelor of Science degree in business administration from Appalachian State University.

“We warmly welcome Ronald on his new endeavor with CresCom Bank,” said David L. Morrow, CEO of CresCom Bank. “Ronald will be an excellent addition to our Southport team. He has an immense amount of mortgage loan origination knowledge, which will allow us to continue to provide our customers with a superior lending experience.”

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 29 branch locations throughout the Carolinas, in addition to a loan production office in Wilmington, N.C. Currently, CresCom Bank also owns and operates Crescent Mortgage Company, which lends in 45 states, partners with 2,000 community banks, credit unions and mortgage brokers, and offers access to various loan programs. 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 June 30, 2016, Carolina Financial Corporation had approximately $1.6 billion in total assets.


To learn more about CresCom Bank, call 1-855-CRESCOM. Stay current on bank news and happenings on social media: www.facebook.com/CresComBank and www.twitter.com/CresComBank.

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