Carolina Financial Corporation operated as the holding company for CresCom Bank, a South Carolina state-chartered bank. It provided a wide range of commercial and retail banking financial services to individuals and businesses in North and South Carolina. The company's offerings included checking and savings accounts, commercial and consumer loans, mortgage lending, and other related financial services. Founded in 1996, the company grew significantly through both organic growth and strategic acquisitions. In May 2020, Carolina Financial Corporation was acquired by and merged into United Bankshares, Inc., with all CresCom Bank branches becoming branches of United Bank.

Founded in

United States