Crescent Financial Corporation is the parent company of Crescent State Bank, which offers banking services to customers. It has total assets of approximately $750 million with full-service banking offices in Apex, Clayton, Garner, Holly Springs, Sanford, Southern Pines, Pinehurst, Raleigh and Wilmington, N.C. The bank offers various deposit options, including checking, savings, money market and certificate of deposit accounts. It provides a variety of commercial, mortgage, construction and personal loans to customers. The bank also offers real estate, business, construction and consumer loans. In addition, it provides credit cards, investment and online banking services that include bill payments and fund transfers. Crescent Financial Corporation was founded in 1998 and is headquartered in Cary, N.C.