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12/12/15 4:02 PM

Carolina Financial Corporation (CARO) RSS Feed

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12/12/15
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Carolina Financial Corporation 288 Meeting Street Charleston, SC 29401 United States Phone: 843-723-7700 Website: http://www.haveanicebank.com Carolina Financial Corporation operates as the holding company for CresCom Bank that provides various traditional community banking services to individuals and businesses in South Carolina. The company operates through three segments: Community Banking, Wholesale Mortgage Banking, and other. Its deposit products include checking accounts, commercial accounts, savings accounts, retirement accounts, and other time deposits, such as daily money market accounts and longer-term certificates of deposit, as well as retirement accounts. The company’s loan portfolio comprises loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans, home equity loans, and consumer loans. It also provides online and bill payment services, wire transfer services, safe deposit box rentals, and debit card and ATM card services, as well as a network of ATMs. In addition, the company offers mortgage banking services comprising correspondent lending and loan servicing; and cash management services. As of July 27, 2015, it operated 26 branches comprising 7 in the Charleston market, 8 in the Myrtle Beach market, 9 in southeastern North Carolina, and 2 in other South Carolina markets. The company also operates loan production offices in Greenville and Wilmington. Carolina Financial Corporation was incorporated in 1996 and is based in Charleston, South Carolina.
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