Crescent State Bank Sponsors Greater Raleigh Chamber of Commerce Conference

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global Market SM), has announced that the bank will sponsor the Greater Raleigh Chamber of Commerce’s Chamber Executive Women’s Luncheon... - January 29, 2009 - Crescent State Bank

Crescent State Bank Hosts Informational Open House

Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that the bank will host an informational open house on Tuesday, Jan. 27 from 9 to 11 a.m. at the Preston office, located at 1005 High House Road. - January 24, 2009 - Crescent State Bank

Crescent State Bank Eastern Wake Community Executive Named to Knightdale Chamber of Commerce Board

Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that Michael A. Ray, eastern Wake community executive for the bank, has been named to the Knightdale Chamber of Commerce Board of Directors. The... - January 10, 2009 - Crescent State Bank

Crescent State Bank Named to List of Top Triangle Banks

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global Market SM), has announced that the bank has been named one of the Top 25 Triangle Banks by Triangle Business Journal. Rankings were based on... - December 20, 2008 - Crescent State Bank

Crescent State Bank Certified Mortgage Planner Named Real Estate Impact Leader

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 Mark Wooten, certified mortgage planner at the bank, has been named a Real Estate Impact Leader by Business... - December 13, 2008 - Crescent State Bank

Crescent State Bank Selected to Participate in U.S. Treasury Capital Purchase Program

Crescent Financial Corporation, the parent company of Crescent State Bank, today announced that it has received preliminary approval of its $24.9 million application to participate in the U.S. Department of the Treasury’s Capital Purchase Program (TCPP). The program is designed to attract... - December 11, 2008 - Crescent State Bank

Crescent State Bank Secures New Core Processing Services

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global Market SM), has announced that the bank has selected Metavante, a leading provider of banking and payments technology, to replace the... - December 06, 2008 - Crescent State Bank

Crescent State Bank Community Banker Named President of Kiwanis Club of Apex

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global Market SM), has announced that Betty Crump, community banker for the bank’s Apex branch, has been named president of the Kiwanis Club of... - November 23, 2008 - Crescent State Bank

Crescent State Bank Launches Fraud Check Program

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 has launched Fraud Check, a program designed to assist members of the community in protecting... - November 01, 2008 - Crescent State Bank

Crescent State Bank’s Knightdale Branch Named Business of the Month

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’s Knightdale branch has been named October’s Business of the Month by the Knightdale... - October 25, 2008 - Crescent State Bank

Crescent State Bank Vice President Named Chair of 2009 Raleigh Business Expo

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 Sally Neuman, vice president at the bank, has been named chair of the 2009 Raleigh Business Expo presented by... - October 18, 2008 - Crescent State Bank

Crescent State Bank Security Director Discusses Fighting Fraud Seminar and Shred-a-thon Event

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global Market SM), has announced the release of an audio podcast discussing Fighting Fraud, the first event in Crescent State Bank’s... - October 16, 2008 - Crescent State Bank

Crescent State Bank Announces Panel Members for Fighting Fraud Seminar

Community Bank to Host Local Fraud Experts. - October 11, 2008 - Crescent State Bank

Crescent State Bank Community Banker Named Apex Chamber Ambassador of the Year

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global Market SM), has announced that Betty Crump, community banker for the bank’s Apex office, has been named Ambassador of the Year by the... - October 04, 2008 - Crescent State Bank

Crescent State Bank Named 2008 Business of the Year

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 has been named Business of the Year by the Cary Chamber of Commerce. The award was presented on... - September 27, 2008 - Crescent State Bank

Crescent State Bank Hosts Shred-a-Thon and Fighting Fraud Seminar

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 host Fighting Fraud, the first event in the Centsibility Series, on Thursday, Oct. 16 from 4 to 7... - September 20, 2008 - Crescent State Bank

Crescent State Bank Resumes Search for New Headquarters

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 has come to a mutual agreement with ZR Waverly Place, LLC, to terminate a lease commitment for the... - September 17, 2008 - Crescent State Bank

Crescent State Bank Sponsors Greater Raleigh Chamber of Commerce Annual Meeting and Chairman’s Reception

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 sponsor the Greater Raleigh Chamber of Commerce 120th Annual Meeting and Chairman’s... - September 13, 2008 - Crescent State Bank

Crescent State Bank’s Frank Shell Named to Cary Chamber Board of Directors

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 Frank Shell, senior vice president, city executive, has been named to the Cary Chamber of Commerce’s... - September 06, 2008 - Crescent State Bank

Crescent State Bank’s Lewyn Hayes Named Fuquay Varina Rotary Club President

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 Lewyn Hayes, assistant vice president, community banker, has been named the 2008-2009 president of The Rotary... - August 30, 2008 - Crescent State Bank

Crescent State Bank Names Certified Mortgage Planner

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (Nasdaq Global Market SM), has announced that Mark Wooten has been named certified mortgage planner at the bank’s Cary office. In this position, he is... - August 23, 2008 - Crescent State Bank

Crescent State Bank President and Chief Financial Officer to Speak at 13th Annual Community Bank Conference

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, will address the 13th Annual Community Bank Conference in Chicago at 3:10 p.m. on Tuesday, Aug. 19. Carlton will provide an investor update on Crescent... - August 16, 2008 - Crescent State Bank

Crescent State Bank’s Rod Webb Reappointed to the Wake County Industrial Facilities and Pollution Control Financing Authority

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global Market SM), has announced that Rod Webb, senior vice president in commercial banking at the bank’s Raleigh office, has been reappointed... - July 19, 2008 - Crescent State Bank

Crescent State Bank Names Commercial Loan Officer

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global Market SM), has announced that Nikki Clemmons has been named commercial loan officer for the bank’s Wilmington office. In this... - July 12, 2008 - Crescent State Bank

Crescent State Bank Named to Carolinas 100 List

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 has been named to the 2008 Carolinas 100, a list compiled by The News and Observer ranking the top 100... - June 28, 2008 - Crescent State Bank

Crescent State Bank’s Mark Vaughn Named to Community Investment Corporation of the Carolinas’ Board of Directors

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 Mark Vaughn, compliance manager, has been named to the Community Investment Corporation of the Carolinas’... - June 21, 2008 - Crescent State Bank

Crescent State Bank Hosts Root Beer Float Social

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 host a root beer float social at the Apex office on Wednesday, June 18 and the Holly Springs... - June 14, 2008 - Crescent State Bank

Crescent State Bank Names Vice President, Commercial Lender

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global Market SM), has announced that Jeff Williams has been named vice president, commercial lender for the bank’s Raleigh office. In this... - June 07, 2008 - Crescent State Bank

Crescent State Bank Names Mortgage Account Executive

Sylvia Phillips Currin Joins Local Community Bank. - May 31, 2008 - Crescent State Bank

Crescent State Bank Supports 21st Annual Chamber Event

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 served as a Presenting sponsor for the Cary Chamber of Commerce 21st annual Small Business Awards luncheon. - May 24, 2008 - Crescent State Bank

Crescent State Bank Holds Statewide Food Drive

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 hold a food drive to support the Food Bank of Central and Eastern North Carolina. Requested items... - May 18, 2008 - Crescent State Bank

Hansen Matthews Joins Crescent State Bank Advisory Board

Local Real Estate Partner Named to Wilmington Board. - May 17, 2008 - Crescent State Bank

Crescent State Bank One of Nation’s First to Adopt eRecording Technology

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 has partnered with Settleware Secure Services, Inc. to adopt eRecording technology. Settleware is a... - May 08, 2008 - Crescent State Bank

Crescent State Bank Employee Leads Cary High School Junior Bank Board Community Effort

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 Elizabeth Cantino, community banker at Crescent State Bank, served as a liason between the bank and the Cary... - May 03, 2008 - Crescent State Bank

Crescent State Bank Announces New Director of Operations

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 John A. Davis has joined the bank as director of operations. In this position, Davis will focus his activities... - April 26, 2008 - Crescent State Bank

Crescent Financial Corporation Announces Financial Results for First Quarter Ended March 31, 2008

Crescent Financial Corporation (Nasdaq:CRFN), parent company of Crescent State Bank of Cary, NC, today announced unaudited net income for the quarter ended March 31, 2008 of $1,000,000 or $.10 per diluted share compared with $1,466,000 or $.15 per diluted share for the prior year quarter. Earnings... - April 20, 2008 - Crescent State Bank

Crescent State Bank Named to Top 100 Public Companies List by Triangle Business Journal

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (Nasdaq Global Market(SM)), has announced that the bank has been named one of the Top 100 Public Companies by the Triangle Business Journal. Rankings are... - April 19, 2008 - Crescent State Bank

Crescent State Bank Opens Second Wilmington Office

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced the opening of the bank’s new Wilmington office located at 2506 Independence Blvd. The new office, which opened... - March 31, 2008 - Crescent State Bank

Crescent State Bank Partners with Dress for Success Triangle NC

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 has partnered with Dress for Success Triangle NC. Dress for Success Triangle NC is an affiliate of the... - March 20, 2008 - Crescent State Bank

Vance Bondurant Young Joins Crescent State Bank Advisory Board

Keith Betts, Wilmington area president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced that Vance Bondurant Young, real estate broker at Intracoastal Realty, has been named to the bank’s... - March 13, 2008 - Crescent State Bank

J. Keith Stark Joins Crescent State Bank Advisory Board

Keith Betts, Wilmington area president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced that J. Keith Stark, owner and managing member of B&K Coastal, LLC, has been named to the bank’s... - March 13, 2008 - Crescent State Bank

Crescent State Bank Announces Wilmington Advisory Board

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced its 2008 Wilmington Board of Advisors. The Crescent State Bank Wilmington Advisory Board acts as a liaison between... - March 06, 2008 - Crescent State Bank

Crescent State Bank Employee Earns Credit Risk Certification

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 Matt King has earned his credit risk certification through the Risk Management Association (RMA). The risk... - February 28, 2008 - Crescent State Bank

Crescent State Bank Announces New Commercial Banking Manager

Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that Rick Merrill has joined the bank as a commercial banking manager. In this position, Merrill will focus his activities on generating loans... - February 21, 2008 - Crescent State Bank

Crescent State Bank Named "Best Business in Garner"

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 Garner office has been named “Best Business in Garner” by The Garner Citizen News & Times. - February 14, 2008 - Crescent State Bank

Crescent State Bank President Named Among Top Triangle Business Leaders

Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that Michael G. Carlton, president and CEO for the bank, has been named to Business Leader magazine’s 2007/2008 list for Impact Business Leaders. Carlton, along with 24... - February 07, 2008 - Crescent State Bank

Crescent Financial Corporation Announces Financial Results for Fourth Quarter and Year Ended December 31, 2007

Crescent Financial Corporation (Nasdaq: CRFN), parent company of Crescent State Bank in Cary, N.C., today announced unaudited net income for the year ended December 31, 2007, of $6,248,800 or $0.65 per diluted share compared with $4,904,000 or $0.64 per diluted share for the year ended December 31,... - January 21, 2008 - Crescent State Bank

Crescent State Bank Announces Mortgage Loan Officer

Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation (NASDAQ Global MarketSM), has announced that Tracy Collier has joined the bank’s Wilmington office as mortgage loan officer. In this position, Collier will be responsible for... - January 17, 2008 - Crescent State Bank

Crescent State Bank President Named to the Salvation Army of Wake County Advisory Board

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has been named to The Salvation Army of Wake County Advisory Board. As a board member, Carlton will be responsible for handling... - January 10, 2008 - Crescent State Bank

Cascade Community Credit Union and Sutherlin High School Collaborate on Financial Literacy Program for Students

Cascade Community Credit Union, a local co-op credit union, today announced its support of Sutherlin High School’s financial literacy program to educate students on the importance of finances, savings and investing. “Cascade Community Credit Union is honored and excited to be an... - January 10, 2008 - Cascade Community Credit Union

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