CresCom Bank, the wholly owned bank subsidiary of Carolina Financial Corporation, will open its first Greenville branch.
The full-service branch will be located at 3695 E. North St. and is expected to open in the fall of 2015.
Last summer, CresCom Bank added local market leader Scott Frierson to its team to help lead efforts for its newly created loan production office in Greenville.
CresCom Bank has 26 branch locations throughout the Carolinas, in addition to the loan production offices in Wilmington, N.C., and Greenville. The new Greenville branch will represent the 27th branch location and adds to the community bank’s growing presence throughout the Carolinas.
“We’re excited for the opportunity to open our first full-service branch within the Greenville community later this year,” said Carolina Financial Corporation President and CEO Jerry Rexroad. “The Upstate is a growing market and we’re pleased to bring our relationship-based banking services and products to its residents.”
In addition to its branches, CresCom Bank currently owns and operates Crescent Mortgage Company which lends in 45 states and partners with 2,000 community banks, credit unions and mortgage brokers, and offers access to various loan programs.