Crescent State Bank Sponsors The Friends of Scouting Campaign
Local Bank supports The Boy Scouts of America.
Raleigh, NC, May 26, 2006 --(PR.com)-- Michael Carlton, president of Crescent State Bank, a wholly-owned subsidiary of Crescent Financial Corporation, (NASDAQ National Market: CRFN), has announced that the bank is a sponsor of the 2006 Friends of Scouting Campaign for the Boy Scouts of America. Scouting strengthens families and neighborhoods through strong community support, builds character and instills lifetime values in youth. The Friends of Scouting Campaign is an opportunity for the Friends of Scouting to support the ideals of the program and the over 1900 young people who participate in the Crosswinds District, serving Cary, Apex and Morrisville.
“We are pleased to support such an outstanding organization,” said Carlton. “The Boy Scouts of America are constantly changing and improving the lives of many young adults and empowering our community.”
About Boy Scouts of America:
The Boy Scouts of America organization, incorporated in 1910, and chartered by Congress in 1916, provides an educational program for boys and young adults to build character, to train in the responsibilities of participating citizenship, and to develop personal fitness. The mission of the Boy Scouts of America is to prepare young people to make ethical and moral choices throughout their lives by instilling in them the values of the Scout Oath and Law. A council is defined as an administrative body chartered to be responsible for Scouting in a designated geographic territory. The national council charters about 400 local councils, including the Occoneechee Council, across the United States. For more information, please visit the web site at http://www.campdurant.com.
About Crescent State Bank:
Crescent State Bank is a wholly owned subsidiary of Crescent Financial Corporation. The Bank opened in December 1998 to cater to the financial needs of the communities it serves. The bank has total assets of approximately $445 million, deposits of approximately $350 million, and loans of $351 million as of March 31, 2006, with ten full service banking offices in the communities of Cary (2), Apex, Clayton, Garner, Holly Springs, Sanford, Southern Pines, Raleigh and Pinehurst, North Carolina.
###
Information in this press release contains "forward-looking statements." These statements involve risks and uncertainties that could cause actual results to differ materially, including without limitation, the effects of future economic conditions, governmental fiscal and monetary policies, legislative and regulatory changes, the risks of changes in interest rates, and the effects of competition. Additional factors that could cause actual results to differ materially are discussed in Crescent Financial Corporation’s recent filings with the Securities and Exchange Commission, including, but not limited to, its Annual Report on Form 10-K and its other periodic reports.
Patty Briguglio
MMI Associates, Inc.
(919) 233-6600 • (919) 233-0300 (fax)
patty@mmimarketing.com
7406-H Chapel Hill Road
Raleigh, NC 27607
“We are pleased to support such an outstanding organization,” said Carlton. “The Boy Scouts of America are constantly changing and improving the lives of many young adults and empowering our community.”
About Boy Scouts of America:
The Boy Scouts of America organization, incorporated in 1910, and chartered by Congress in 1916, provides an educational program for boys and young adults to build character, to train in the responsibilities of participating citizenship, and to develop personal fitness. The mission of the Boy Scouts of America is to prepare young people to make ethical and moral choices throughout their lives by instilling in them the values of the Scout Oath and Law. A council is defined as an administrative body chartered to be responsible for Scouting in a designated geographic territory. The national council charters about 400 local councils, including the Occoneechee Council, across the United States. For more information, please visit the web site at http://www.campdurant.com.
About Crescent State Bank:
Crescent State Bank is a wholly owned subsidiary of Crescent Financial Corporation. The Bank opened in December 1998 to cater to the financial needs of the communities it serves. The bank has total assets of approximately $445 million, deposits of approximately $350 million, and loans of $351 million as of March 31, 2006, with ten full service banking offices in the communities of Cary (2), Apex, Clayton, Garner, Holly Springs, Sanford, Southern Pines, Raleigh and Pinehurst, North Carolina.
###
Information in this press release contains "forward-looking statements." These statements involve risks and uncertainties that could cause actual results to differ materially, including without limitation, the effects of future economic conditions, governmental fiscal and monetary policies, legislative and regulatory changes, the risks of changes in interest rates, and the effects of competition. Additional factors that could cause actual results to differ materially are discussed in Crescent Financial Corporation’s recent filings with the Securities and Exchange Commission, including, but not limited to, its Annual Report on Form 10-K and its other periodic reports.
Patty Briguglio
MMI Associates, Inc.
(919) 233-6600 • (919) 233-0300 (fax)
patty@mmimarketing.com
7406-H Chapel Hill Road
Raleigh, NC 27607
Contact
Crescent State Bank
Patty Briguglio
919-233-6600
Patty Briguglio
919-233-6600
Contact
Categories