MYRTLE BEACH, S.C., June 9, 2017 - CresCom Bank, the community-banking leader within the Carolinas, welcomes Ron Barnes as its new branch manager in Holden Beach, North Carolina.

Barnes has been a part of the CresCom Bank team since last August when he began as a mortgage loan originator.

Prior to joining the bank, he was with Uwharrie Bank (Cabarrus Bank and Trust) in North Carolina where he served as vice president in the mortgage department. Barnes graduated from Appalachian State University with a bachelor of science in business administration.

'We are always thrilled when we are able to promote within the CresCom Bank team because that means our employees are excelling at their jobs,' said David L. Morrow, CEO of CresCom Bank. 'Ron has a distinguished banking career and we have no doubt he will serve the community well.'

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 Dec. 31, 2016, Carolina Financial Corporation had approximately $1.7 billion in total assets.

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

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Carolina Financial Corporation published this content on 09 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 June 2017 17:38:18 UTC.

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