Print
Banking & Finance

Crescom Holds Opening Event For Downtown Branch

By Jenny Callison, posted Apr 21, 2017
CresCom bank officials and local leaders converge for the bank’s official opening of its new Wilmington branch. (Photo by Jenny Callison)
Local officials joined CresCom Bank leadership and bank customers at the official opening of the bank’s downtown Wilmington branch at 115 N. Third St. The branch has been operating since December.

Wilmington Mayor Pro Tem Margaret Haynes and New Hanover County Commissioner Rob Zapple spoke during the brief ceremony about CresCom’s new presence in downtown Wilmington.

Marshall Cooper, CresCom’s Wilmington market executive, said that CresCom remains committed to being a full-service community bank. That is important, he added, in an era when bank mergers are resulting in the disappearance of many community banks.

Jerry Rexroad, president and CEO of Carolina Financial Corp., CresCom’s parent company, spoke of the success the Charleston, South Carolina-based bank has experienced in Wilmington since opening its first full-service branch in the Port City in April 2016, leading it to establish a second location.

“Wilmington is one of the fastest- growing communities in the United States,” Rexroad said.

Ryan Cunningham, manager of both branches, introduced the downtown Wilmington branch staff: Amy Rogers, Adija Boggs and Andra Thompson.

The week before cutting the ribbon at its downtown Wilmington branch, CresCom moved its Sunset Beach branch into new quarters. The new location, at 840 Sunset Blvd. North, is nearly double the size of the former space and is freestanding, according to a news release.

The branch also features two drive-thru lanes. A third lane is equipped with an ATM.

“We are pleased to open our new Sunset Beach branch,” David Morrow, CresCom Bank CEO, said in the release. “The new branch will provide an improved banking experience for our customers that we know will be well received.”

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
2022052 75 142344351

Bridging Futures: The Case for Toll Funding in Wilmington’s Cape Fear Memorial Bridge Revamp

Natalie English - Wilmington Chamber of Commerce
Untitleddesign2 4523114356

Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT
Jasonpathfinder3

What You Need to Know About SECURE 2.0 and Its Effect on Retirement Plans

Jason Wheeler - Pathfinder Wealth Consulting

Trending News

YMCA Eyes Growth With Plans For New, Expanded Facilities

Emma Dill - Apr 23, 2024

Burns, Redenbaugh Promoted At Coastal Horizons

Staff Reports - Apr 23, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

Audrey Elsberry - Apr 24, 2024

Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm

Audrey Elsberry - Apr 24, 2024

Krug Joins Infinity Acupuncture

Staff Reports - Apr 23, 2024

In The Current Issue

With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...


MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


Taking Marine Science On The Road

“My mission and my goal is to take my love of marine science, marine ecosystem and coastal ecosystems and bring that to students and teacher...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season