The combined organisation is expected to have nearly $25bn in assets. Meta Financial Group, Inc.® and Crestmark Bancorp, Inc. Bruce Elder will be named President of North Carolina Banking for Carolina Financial’s bank subsidiary, CresCom Bank. Below is a list of some important events in banks history, including mergers and acquisitions. CresCom Bank owns and operates Crescent Mortgage Company, which is based in Atlanta. SIOUX FALLS, S.D., May 29, 2018. Carolina Financial is headquartered in Charleston, S.C., and is the parent company of CresCom Bank. The new bank will have some $25 billion in assets and the deal is … In 2017, CresCom came to Eastern Carolina when it bought First South Bank, based in Washington. Plans for the merger were announced in June. 07/02/2001 - Institution established: Original name: Crescent Bank Plans for the merger were announced in June. Announce Shareholder Approval of Merger. To view branches, routing numbers, phone numbers and business hours; you can check United Bank page. The newly acquired franchise operates 11 … The merger of Carolina Financial Corp, parent of CRESCOM BANK, and FIRST SOUTH BANK closed officially Nov. 1. Carolina Trust BancShares, Inc., which is being acquired by Carolina Financial, is a bank … 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 merger will position the bank as a leading community bank in the Southeast and Mid-Atlantic regions in the US. 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. CresCom Bank is no longer doing business under that name. Carolina Trust Bank, which was headquartered in Lincolnton, N.C., is now part of Carolina Financial's CresCom subsidiary. 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