Monday, December 21, 2009

Crescent State Bank Named 2008 Business Of The Year

Michael G. Carlton, admiral of Crescent State Bank (www.crescentstatebank.com), a wholly endemic accessory of Crescent Financial Corporation, (NASDAQ Global MarketSM), has appear that the case has been called Business of the Year by the Cary Chamber of Commerce. The accolade was presented on September 17 at the 2008 Annual Banquet hosted by the Chamber at Prestonwood Country Club. Members of the Cary Chamber’s controlling axle called Crescent based on their outstanding advance and association involvement.

Crescent State Bank, founded and headquartered in Cary, has 13 full-service cyberbanking offices in North Carolina. The case sponsors several charity, business-to-business and association events, and afresh hosted the Freedom Campaign, an accomplishment to abutment bounded soldiers across by altruistic affliction bales and added items provided by clients, investors and visitors. Crescent State Bank afresh launched Centsibility Series, a alternation of contest advised to brainwash seniors, families, and business owners on a array of banking capacity such as character annexation and fraud. The aboriginal accident in the Centsibility Series, Fighting Fraud, is appointed for Thursday, Oct. 16 from 4 to 7 p.m. at the Cary Chamber of Commerce, amid at 307 N. Academy St. The chargeless accident is accessible to all association associates and will cover a Shred-a-thon and Fighting Fraud Seminar, featuring a console of artifice experts. In addition, Crescent State Bank actively supports several bounded organizations including Dress for Success Triangle NC, the Food Bank of Central and Eastern North Carolina, the Cary Chamber of Commerce and the Greater Raleigh Chamber of Commerce.

Related Links:
www.crescentstatebank.com
www.carychamber.com

News Facts:
•Crescent State Bank has been called Business of the Year by the Cary Chamber of Commerce.
•The accolade was presented on September 17 at the 2008 Annual Banquet hosted by the Chamber at Prestonwood Country Club.
•Members of the Cary Chamber’s controlling axle called Crescent based on their outstanding advance and association involvement.
•Crescent State Bank, founded and headquartered in Cary, has 13 full-service cyberbanking offices in North Carolina.
•The case sponsors several charity, business-to-business and association events, and afresh hosted the Freedom Campaign, an accomplishment to abutment bounded soldiers across by altruistic affliction bales and added items provided by clients, investors and visitors.
•Crescent State Bank afresh launched Centsibility Series, a alternation of contest advised to brainwash seniors, families, and business owners on a array of banking capacity such as character annexation and fraud.
•The aboriginal accident in the Centsibility Series, Fighting Fraud, is appointed for Thursday, Oct. 16 from 4 to 7 p.m. at the Cary Chamber of Commerce, amid at 307 N. Academy St.
•The chargeless accident is accessible to all association associates and will cover a Shred-a-thon and Fighting Fraud Seminar, featuring a console of artifice experts.
•In addition, Crescent State Bank actively supports several bounded organizations including Dress for Success Triangle NC, the Food Bank of Central and Eastern North Carolina, the Cary Chamber of Commerce and the Greater Raleigh Chamber of Commerce.

Quotes:
“It is absolutely an account to be called Business of the Year by the Cary Chamber of Commerce,” said Carlton. “This accolade is a attestation to the committed admiral and agents associates that angle abaft Crescent State Bank and represent us able-bodied in the Cary community.”

About Crescent State Bank:
Crescent State Bank is a wholly endemic accessory of Crescent Financial Corporation. The case has absolute assets of $920.6 million, deposits of $653.7 million, and net loans of $734.0 actor as of June 30, 2008. The case operates 13 full-service cyberbanking offices in the communities of Cary (2), Apex, Clayton, Garner, Holly Springs, Sanford, Southern Pines, Pinehurst, Raleigh, Knightdale and Wilmington (2), North Carolina. For added information, appointment www.crescentstatebank.com.

Information in this columnist absolution contains "forward-looking statements." These statements absorb risks and uncertainties that could could cause absolute after-effects to alter materially, including after limitation, the accoutrement of approaching bread-and-butter conditions, authoritative budgetary and budgetary policies, aldermanic and authoritative changes, the risks of changes in absorption rates, and the accoutrement of competition. Additional factors that could could cause absolute after-effects to alter materially are discussed in Crescent Financial Corporation’s contempo filings with the Securities and Exchange Commission, including, but not bound to, its Annual Report on Form 10-K and its added alternate reports.

Patty Briguglio
MMI Associates, Inc.
919-233-6600
patty@mmimarketing.com
PR Firms, Raleigh, N.C.

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