crescom bank merger

Carolina Trust BancShares, Inc., which is being acquired by Carolina Financial, is a bank … The merger of Carolina Financial Corp, parent of CRESCOM BANK, and FIRST SOUTH BANK closed officially Nov. 1. As part of the merger agreement, Carolina Trust’s bank subsidiary, Carolina Trust Bank, a North Carolina bank, has merged with CresCom Bank, a South Carolina bank … The combined organisation is expected to have nearly $25bn in assets. To view branches, routing numbers, phone numbers and business hours; you can check United Bank page. The merger will position the bank as a leading community bank in the Southeast and Mid-Atlantic regions in the US. Carolina Financial is headquartered in Charleston, S.C., and is the parent company of CresCom Bank. CresCom Bank is no longer doing business under that name. Bruce Elder will be named President of North Carolina Banking for Carolina Financial’s bank subsidiary, CresCom Bank. Plans for the merger were announced in June. 07/02/2001 - Institution established: Original name: Crescent Bank Below is a list of some important events in banks history, including mergers and acquisitions. CresCom to arise from 2-bank merger John McDermott; Jul 28, 2011 Jul 28, 2011 Updated Mar 5, 2018; 1 of 2 Community FirstBank and Crescent Bank will become CresCom Bank by early 2012. The newly acquired franchise operates 11 … System conversion is expected to happen in mid-March, according to Marshall Cooper, CresCom’s senior vice president and Wilmington area executive. In 2017, CresCom came to Eastern Carolina when it bought First South Bank, based in Washington. Carolina Financial will merge into United, and CresCom will merge into United Bank, with United and United Bank being the surviving entities. The new bank will have some $25 billion in assets and the deal is … Carolina Trust Bank, which was headquartered in Lincolnton, N.C., is now part of Carolina Financial's CresCom subsidiary. Plans for the merger were announced in June. DATE EVENT. CresCom Bank owns and operates Crescent Mortgage Company, which is based in Atlanta. The result will be the merger of CresCom Bank’s banking operations into United Bank. SIOUX FALLS, S.D., May 29, 2018. Meta Financial Group, Inc.® and Crestmark Bancorp, Inc. Announce Shareholder Approval of Merger. 'S CresCom subsidiary for Carolina Financial 's CresCom subsidiary and Mid-Atlantic regions in the Southeast and Mid-Atlantic in... … the result will be the merger will position the Bank as a leading community Bank in the Southeast Mid-Atlantic. Headquartered in Lincolnton, N.C., is now part of Carolina Financial Corp parent! 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