Crescent State Bank Sponsors Midtown Plein Air Art Festival
Cary, NC, July 25, 2009 --(PR.com)-- Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that the bank will serve as the presenting sponsor of the Midtown Plein Air Art Festival held on Sunday, Aug. 9 from 10 a.m. to 4 p.m. at North Hills, a mixed-use community located at 4321 Lassiter at North Hills Ave. in Raleigh.
The festival will include a quick paint competition, silent auction, kids programs, merchant sidewalk sales and wine tastings. A portion of the proceeds will benefit the United Arts Council of Raleigh and Wake County. For more information visit www.northhillsraleigh.com.
“We are excited to be the presenting sponsor of the Midtown Plein Art Festival,” said Carlton. “Crescent State Bank is focused on building relationships within the Raleigh community since we have two new locations there. The festival will be a great way to reach out to the public and benefit the United Art Council at the same time.”
About Crescent State Bank:
Crescent State Bank is a wholly owned subsidiary of Crescent Financial Corporation. The bank has total assets of $1.1 billion, deposits of $731.6 million, and net loans of $773.8 million as of March 31, 2009. The bank operates 15 full-service banking offices in the communities of Cary (2), Apex, Clayton, Garner, Holly Springs, Sanford, Southern Pines, Pinehurst, Raleigh (3), Knightdale and Wilmington (2), North Carolina. For more information, visit www.crescentstatebank.com.
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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
patty@mmimarketing.com
PR Firms Raleigh, NC
The festival will include a quick paint competition, silent auction, kids programs, merchant sidewalk sales and wine tastings. A portion of the proceeds will benefit the United Arts Council of Raleigh and Wake County. For more information visit www.northhillsraleigh.com.
“We are excited to be the presenting sponsor of the Midtown Plein Art Festival,” said Carlton. “Crescent State Bank is focused on building relationships within the Raleigh community since we have two new locations there. The festival will be a great way to reach out to the public and benefit the United Art Council at the same time.”
About Crescent State Bank:
Crescent State Bank is a wholly owned subsidiary of Crescent Financial Corporation. The bank has total assets of $1.1 billion, deposits of $731.6 million, and net loans of $773.8 million as of March 31, 2009. The bank operates 15 full-service banking offices in the communities of Cary (2), Apex, Clayton, Garner, Holly Springs, Sanford, Southern Pines, Pinehurst, Raleigh (3), Knightdale and Wilmington (2), North Carolina. For more information, visit www.crescentstatebank.com.
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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
patty@mmimarketing.com
PR Firms Raleigh, NC
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Crescent State Bank
Patty Briguglio
919-233-6600
www.mmimarketing.com
Patty Briguglio
919-233-6600
www.mmimarketing.com
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