Robert Haile named CresCom Bank’s Chief Investment Officer, Treasurer

March 15, 2016

CresCom Bank, the community-banking leader within the Carolinas, has named Robert Haile as the bank’s chief investment officer and treasurer.

Haile was one of the bank’s first employees, joining CresCom Bank in January 2001 as a financial analyst.  His role within the company has grown with the company.  Haile previously held finance analyst and finance manager positions for Community FirstBank and Crescent Bank, as well as was the treasurer position with Crescent Bank.  Prior to that he was an accountant at Blackbaud.

Haile studied at the University of South Carolina in Columbia, S.C., and earned a Bachelor of Science degree in business administration with a concentration in finance.

“Robert has been a vital part of our CresCom Bank team for 15 years,” said David L. Marrow, CEO of CresCom Bank.  “And he will continue to be an asset as our chief investment officer and treasurer.  We are pleased to see what lies ahead for both Robert and CresCom Bank.”

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.