Danielle Beagley Joins Local Bank as Marketing Coordinator. - August 25, 2006 - Crescent State Bank

Community Banks of Northern California, a leading community bank headquartered in Tracy, today announced that it will break ground on its new Lathrop branch with a groundbreaking ceremony on Thursday, August 24th from 5:00 – 6:00 P.M. This full-service branch, which will be managed by Don Jordan,... - August 24, 2006 - Community Banks of Northern California

Michael Carlton Speaks at 11th Annual Community Bank Conference. - August 18, 2006 - Crescent State Bank

Mike Carper Joins Local Bank As Vice President, Commercial Loan Officer. - August 18, 2006 - Crescent State Bank

Garner News Ranks Crescent State Bank at Top Of List. - August 11, 2006 - Crescent State Bank

Rob Webb Provides Financial Education to Area Youth. - August 04, 2006 - Crescent State Bank

Bob Myers Takes Office In January. - July 28, 2006 - Crescent State Bank

Crescent Financial Corporation Announces 54% Increase in Comparative Second Quarter Earnings and 28% Increase in Earnings Per Share. - July 18, 2006 - Crescent State Bank

Jonathan Taylor Chosen To Lead Community Bank’s New Offices. - July 09, 2006 - Crescent State Bank

Betty Crump Joins Local Bank As Assistant Vice President And Community Banker. - June 30, 2006 - Crescent State Bank

Frank Shell Chosen To Lead Cary Market Banks. - June 23, 2006 - Crescent State Bank

Monica Navarro Joins Raleigh Office. - June 16, 2006 - Crescent State Bank

Kim Atkins Joins Local Bank As Assistant Vice President and Community Banker. - June 09, 2006 - Crescent State Bank

Local bank sponsors public education event. - June 06, 2006 - Crescent State Bank

Community Bank offers scholarships to graduating seniors. - June 02, 2006 - Crescent State Bank

Local Bank supports The Boy Scouts of America. - May 26, 2006 - Crescent State Bank

Sarah Martin Joins Community Bank’s Preston Location. - May 19, 2006 - Crescent State Bank

Ray Vaughn Shares Marketing Advice With Young Executives. - May 12, 2006 - Crescent State Bank

Experienced Professionals Share Marketing Advice With Young Executives. - May 11, 2006 - Crescent State Bank

Wanda Markuson Recognized By Clayton Chamber of Commerce. - May 05, 2006 - Crescent State Bank

Katey Petz Named Vice President And Controller. - April 28, 2006 - Crescent State Bank

Local Community Bank Recognized As A Top Public Company In The State. - April 21, 2006 - Crescent State Bank

Local Bank Participants In Relay For Life. - April 20, 2006 - Crescent State Bank

Community Bank Celebrates The Opening Of Their First Office In Raleigh. - April 18, 2006 - Crescent State Bank

Local Community Bank Opens First Office In Raleigh. - April 14, 2006 - Crescent State Bank

The Boards of Directors of Crescent Financial Corporation, Cary, North Carolina (Nasdaq National Market: “CRFN”) and Port City Capital Bank, Wilmington, North Carolina (“POCY.PK”) announced today that they have reached a definitive agreement whereby Port City Capital Bank will be acquired by Crescent Financial Corporation and become a wholly-owned banking subsidiary of Crescent Financial Corporation operating under its current name and with its current board of directors and management. - April 07, 2006 - Crescent State Bank

Simone Nguyen Joins Local Bank As Credit Administrator. - March 31, 2006 - Crescent State Bank

Local Commercial Bank Names New Senior Vice President And Eastern Wake Community Executive. - March 27, 2006 - Crescent State Bank

Jonathan Taylor Receives Scouting Award. - March 24, 2006 - Crescent State Bank

Small Business Advocate Of 2005 Named To Bank’s Advisory Board. - March 17, 2006 - Crescent State Bank

Crescent State Bank President Shares Expertise. - March 14, 2006 - Crescent State Bank

Triangle Business Journal’s Book Of Lists Ranks Community Bank In Top 25 In The Triangle. - March 10, 2006 - Crescent State Bank

Michael G. Carlton, President of Crescent State Bank, a wholly-owned subsidiary of Crescent Financial Corporation, (Nasdaq National Market: CRFN), has announced that Jonathan Taylor, Senior Vice President and City Executive at Crescent State Bank’s Cary office, has been named Breakfast Chairman of the 2006 Friends of Scouting, Major Gifts Breakfast by the Crosswinds District of Boy Scouts of America. - March 09, 2006 - Crescent State Bank

Debbie McLamb Promoted To Vice President And Branch Operations Officer of Community Bank. - March 03, 2006 - Crescent State Bank

Local Businessman Named To Bank’s Advisory Board. - February 24, 2006 - Crescent State Bank

Local Bank Named Sponsor For Women’s Financial Conference. - February 17, 2006 - Crescent State Bank

Seven Garner Magnet High School Students Named To Junior Bank Board. - February 10, 2006 - Crescent State Bank

Local Retiree Named To Bank’s Advisory Board. - February 03, 2006 - Crescent State Bank

Local Angel Tree Receives Gifts From Community Bank. - January 30, 2006 - Crescent State Bank

Local Audiologist Named To Bank’s Advisory Board. - January 27, 2006 - Crescent State Bank

Nine local citizens named to bank’s Advisory Board. - January 20, 2006 - Crescent State Bank

Local funeral director named to bank’s advisory board. - January 17, 2006 - Crescent State Bank

Local Mayor named to bank’s Advisory Board. - January 13, 2006 - Crescent State Bank

Local businessman named to bank’s advisory board. - January 06, 2006 - Crescent State Bank

Local builder named to bank’s advisory board. - December 22, 2005 - Crescent State Bank

Community Bank expands in greater Raleigh area. - December 20, 2005 - Crescent State Bank

Local developer named to Bank’s advisory board. - December 16, 2005 - Crescent State Bank

Southern Pines Branch of Community Bank holds Customer Appreciation Day on December 21. - December 15, 2005 - Crescent State Bank

Community Bank featured in Dec. 10 Clayton Christmas Parade. - December 10, 2005 - Crescent State Bank

Local Community Bank Recognized As A Top Bank In North Carolina. - December 09, 2005 - Crescent State Bank