Crescent Financial Bancshares, Inc. (Nasdaq: CRFN) is the parent company of VantageSouth
Bank and is a subsidiary of Piedmont Community Bank Holdings, Inc. VantageSouth Bank is
a North Carolina-chartered commercial bank and operates 20 full service banking offices in the
communities of Cary (2), Apex, Burlington (2), China Grove, Clayton, Fayetteville, Garner,
Holly Springs, Knightdale, Pinehurst, Raleigh (3), Salisbury, Sanford, Southern Pines and
Wilmington (2), North Carolina.
As a community bank, VantageSouth Bank's focus is on creating strong relationships with our
customers and positively impacting the markets we serve. The bank offers a broad range of
banking products and services, including checking and savings accounts, individual retirement
accounts, certificates of deposit, commercial, consumer and personal loans, mortgage banking
and other financial services. Crescent Financial Bancshares, Inc. was founded in 1998 and is
headquartered in Raleigh, North Carolina.