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Crescent State Bank Launches Blog


Cary, NC, April 03, 2010 --(PR.com)-- Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced the launch of the bank’s blog at www.crescentstatebank.com/blog. The blog will cover a range of topics, including finance tips, current events and bank programs.

Quotes:
“We are excited to announce the launch of Crescent State Bank’s blog,” said Carlton. “This blog will make our community bank even more accessible to our customers as well as provide excellent information on bank programs, personal finance and more.”

Details:
- The Crescent State Bank blog is for general educational purposes only, and should not be relied upon for general or individual financial advice.

About Crescent State Bank:
Crescent State Bank is a wholly owned subsidiary of Crescent Financial Corporation. The bank has total assets of more than $1 billion, deposits of $722.6 million, and net loans of $741.8 million as of December 31, 2009. The bank operates 15 full-service banking offices in the communities of Cary (2), Apex, Clayton, Garner, Holly Springs, Sanford, Southern Pines, Pinehurst, Raleigh (3), Knightdale and Wilmington (2), North Carolina. For more information, visit www.crescentstatebank.com.

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Information in this press release contains "forward-looking statements." These statements involve risks and uncertainties that could cause actual results to differ materially, including without limitation, the effects of future economic conditions, governmental fiscal and monetary policies, legislative and regulatory changes, the risks of changes in interest rates, and the effects of competition. Additional factors that could cause actual results to differ materially are discussed in Crescent Financial Corporation’s recent filings with the Securities and Exchange Commission, including, but not limited to, its Annual Report on Form 10-K and its other periodic reports.

Kate Catlin
MMI Public Relations
(919) 233-6600
kate@mmipublicrelations.com
twitter.com/MMIPR
www.mmipublicrelations.com
Contact Information
Crescent State Bank
Patty Briguglio
919-233-6600
Contact
www.mmipublicrelations.com

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