Crescent Financial Bancshares (NASDAQ: CRFN) is on The StockGuru Leader Board today. The stock is up as much as 26.74% on Thursday.
Volume traded – so far – as this release was issued intraday: 19,388
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About the Company:
Crescent Financial Bancshares, Inc. operates as the bank holding company for Crescent State Bank that provides commercial and retail banking services to individuals and small-to-medium sized businesses in North Carolina. Its deposit products include non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, and certificates of deposit. The companys loan portfolio comprises real estate mortgage and construction loans; and small business administration guaranteed loans; commercial mortgage loans; and commercial loans, including secured loans for working capital, expansion, and other business purposes. It also offers consumer loans, such as automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and miscellaneous secured and unsecured personal loans; home equity lines of credit; residential real estate loans; and credit cards. In addition, the company provides on-line banking and bill paying, on-line check images, wire transfers, ACH originations, and stop payment orders of checks services, as well as investment and courier services. As of August 2, 2011, it operated 15 banking offices in Cary, Apex, Clayton, Holly Springs, Southern Pines, Pinehurst, Sanford, Garner, Raleigh, Wilmington, and Knightdale, North Carolina. The company was formerly known as Crescent Financial Corporation and changed its name to Crescent Financial Bancshares, Inc. in November 2011. Crescent Financial Bancshares, Inc. was founded in 1998 and is headquartered in Cary, North Carolina. Crescent Financial Bancshares, Inc. operates as a subsidiary of Piedmont Community Bank Holdings, Inc.
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