Tracey Powers Joins CresCom Bank as New Cane Bay Branch Manager

June 17, 2014

CHARLESTON, SC – CresCom Bank has named Tracey Powers as its new branch manager for the bank’s Cane Bay branch opening mid summer.

Prior to joining CresCom Bank, Powers served as branch manager at Heritage Trust Credit Union and Carolina First Bank branches in Moncks Corner.

Powers serves on the advisory boards for Berkeley Regional Medical Center and Callen-Lacey Center for Children. She is also a member of the Berkeley County Chamber of Commerce and is past president of the Rotary Club of Moncks Corner.

“We’re pleased to have Tracey open our new Cane Bay branch,” said David L. Morrow, CEO of CresCom Bank. “Her experience in Berkeley County and financial background help position her as a community expert and trusted financial resource to our customers.”

CresCom Bank’s Cane Bay branch will represent the 13th branch for the bank. It will be situated within The Market at Cane Bay, a retail-shopping complex adjacent to Cane Bay Boulevard and Highway 176 in Berkeley County.

 

For additional information about CresCom Bank or to locate a local branch, visit www.haveanicebank.com.

 

About CresCom Bank

The mission of CresCom Bank is to be recognized as the leader in community banking by creating optimum value for customers and shareholders. CresCom Bank currently has 12 branch locations throughout South Carolina, and offers a strong core of banking products and services. It remains committed to warm, exceptional service and possesses a strong knowledge of local businesses and economic trends. CresCom Bank’s dedication to providing superior quality service exemplifies the bank’s “Have a nice bank” slogan.

Carolina Financial Corporation (OTCQB: CARO) is the parent-holding company of CresCom Bank, and also owns and operates Atlanta-based Crescent Mortgage Company. Currently, the mortgage company lends in 43 states, partners with 2,000 community banks, credit unions and mortgage brokers, and offers access to various loan programs. In 2013, it ranked #9 on ABA Banking Journal’s national list of top performing non-S banks and thrifts with total assets of $100 million to $1 billion. In 2014, Carolina Financial Corporation ranked #6 onAmerican Banker’s list of “Top 200 Community Banks and Thrifts as Ranked by Three-Year Average ROE.” It represented the #1 S.C. community bank on this list.