Ryan Funke joins CresCom Bank as Vice President, Commercial Lender

February 22, 2016

CresCom Bank, the community-banking leader within the Carolinas, welcomes Ryan Funke as the newest vice president/commercial lender.

Funke joins the CresCom Bank team from First Reliance Bank, where he held a vice president position. Prior, he held vice president positions at Certus Bank, First Citizens Bank and Carolina First Bank.

Hailing originally from Greenville, S.C., Funke spent his undergraduate experience at The Citadel and has since called the Lowcountry home. He has been an active member in the Charleston community attending Leadership Charleston 2013, being a Daniel Island Business Associate (Vice President 2013) and being on the 2014 finance committee for the Charleston Metro Chamber of Commerce.

“We are pleased to welcome Ryan to our CresCom Bank team,” said David L. Marrow, CEO of CresCom Bank. “Ryan comes to our team with unparalleled experience in the financial industry and a vast list of accomplishments. He will not only be an asset, but a strong leader within our CresCom team.”

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.