News

Ryan Benton Promoted as Senior Vice President at CresCom Bank

MYRTLE BEACH, S.C., June 12, 2017 – CresCom Bank, the community-banking leader within the Carolinas, is pleased to announce the promotion of Ryan Benton as senior vice president. Benton will continue as a commercial loan officer, where he has diligently served as a top producer with the bank.

“Ryan will continue to be a remarkable asset to the CresCom Bank team as he advances within the company,” said David L. Morrow, CEO of CresCom Bank. “He is a hard worker with an extensive background and experience at the bank.”

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. 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.

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

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