Crescent Financial Corporation Executive to Speak at Financial Institutions Investor Conference

Michael G. Carlton Addresses New York Banking Conference - December 01, 2006

Cary Mayor Speaks at Crescent State Bank’s Junior Bank Board Meeting

Mayor Ernie McAlister Addresses Cary Junior Bank Board - November 16, 2006

Crescent State Bank Announces Groundbreaking Ceremony

Community Bank Breaks Ground For New Garner Office - November 06, 2006

Crescent State Bank Sponsors Make-A-Wish Child to Disney World

Garner Community Bank to Send Terry Eason to Disney World - October 30, 2006

Crescent State Bank Announces New Members of Cary Junior Bank Board

First Meeting of 2006-2007 School Year to be Held on Sept. 19 - October 13, 2006

Crescent State Bank Assistant Vice President Honored At Women In Business Awards

Triangle Business Journal Names Julie Clark To Exclusive List oOf Top Women Professionals - October 06, 2006

Crescent State Bank Employee Named to Garner Chamber Board

Julie Clark Elected to Garner Chamber Of Commerce Board - October 03, 2006

Crescent State Bank Announces New Employee

Sally A. Neuman Joins Local Bank As Vice President. - September 15, 2006

Crescent State Bank Announces New Employee

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

Crescent Financial Corporation Executive to Present at National Conference

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

Crescent State Bank Announces New Employee

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

Crescent State Bank Voted Best Bank In Garner

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

Senior Vice President of Crescent State Bank Speaks at Camp Challenge

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

Crescent Financial Corporation Announces 54% Increase in Second Quarter Earnings

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

Crescent State Bank Names City Executive For Expansion Into Raleigh Market

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

Crescent State Bank Announces New Employee

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

Crescent State Bank Names Cary City Executive

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

Crescent State Bank Names New Branch Operations Manager

Monica Navarro Joins Raleigh Office. - June 16, 2006

Crescent State Bank Announces New Employee

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

Crescent State Bank Supports Wake County Public Schools

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

Crescent State Bank Honors Two Cary High School Students

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

Crescent State Bank Sponsors The Friends of Scouting Campaign

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

Crescent State Bank Names New Assistant Vice President

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

Crescent State Bank Senior Vice President Serves On Young Executives Panel

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

Capital City Club’s Young Executives Club Hosts Panel

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

Crescent State Bank Clayton Office Vice President Named Ambassador of the Year

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

Crescent State Bank Announces New Vice President

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

Crescent State Bank Named To North Carolina’s Top 100 List By Triangle Business Journal

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

Crescent State Bank Garner Junior Bank Board Raises Money For Cancer Research

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

Crescent State Bank Hosts Ribbon Cutting Ceremony For New Raleigh Office

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

Crescent State Bank Enters Raleigh Market

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

Crescent Financial Corporation to Acquire Port City Capital 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 Announces New Employee

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

Bill Clement Joins Crescent State Bank

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

Crescent State Bank City Executive Honored For Contributions To Local Boy Scouts

Jonathan Taylor Receives Scouting Award. - March 24, 2006

Sandra Lamb Bridges Joins Lee County Advisory Board

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

Michael G. Carlton Speaks to Garner Junior Bank Board

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

Crescent State Bank Ranked As One Of Top Triangle Banks

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

Crescent State Bank Executive Named Crosswinds District Breakfast Chairman

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 Names Vice President

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

Kelly Miller Serves on Crescent State Bank’s Moore County Advisory Board

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

Crescent State Bank Sponsors Savvy Women’s Conference

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

Crescent State Bank Announces Garner Junior Bank Board

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

D. Wayne Peterson Joins Crescent State Bank’s Moore County Advisory Board

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

Crescent State Bank Donates To Angel Tree Program

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

Kate Tuomala Joins Crescent State Bank’s Moore County Advisory Board

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

Crescent State Bank Announces Moore County Advisory Board

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

James L. Boles, Jr. Joins Crescent State Bank’s Moore County Advisory Board

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

Frank Quis, Jr. Serves on Crescent State Bank’s Moore County Advisory Board

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

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