Joseph S. Kassim named CresCom Bank’s Chief Accounting Officer
March 10, 2016
CresCom Bank, the community-banking leader within the Carolinas, has named Joseph S. Kassim as the bank’s Chief Accounting Officer.
Kassim has been CresCom Bank’s Senior Vice President of Finance since May 2013, where he has excelled in his role in the Accounting and Finance Department, and been a vital asset in the company’s move to being a publicly traded company. Previously, Kassim was a Manager with the audit firm Elliot Davis Decosimo.
Kassim attended the University of South Carolina in Columbia, S.C., where he received Bachelor of Science degrees in accounting and finance. He also holds a certified public accountant (CPA) designation.
“We are pleased to promote Joseph to our chief accounting officer position,” said David L. Morrow, CEO of CresCom Bank. “Joseph is and has been a vital member to our CresCom team and we are excited about his future with the company.”
For additional information about CresCom Bank or to locate a local branch, visit 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 27 branch locations throughout the Carolinas, in addition to a loan production office in Wilmington, N.C. In January 2016, the Carolina Financial Corporation, the bank’s parent company, announced the acquisition of Congaree Bancshares, Inc., a $116 million bank holding company headquartered in the Columbia, S.C. market. 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 December 31, 2015, Carolina Financial Corporation had approximately $1.4 billion in total assets.
To learn more about CresCom Bank, visit www.haveanicebank.com or call 1-855-CRESCOM. Stay current on bank news and happenings on social media: www.facebook.com/CresComBank and www.twitter.com/CresComBank.
