CRESCENT FINANCIAL BANCSHARES, INC. (NASDAQ - CRFN)
Chief Executive Officer
Scott Custer has been Chief Executive Officer of Crescent Financial and Crescent State Bank since November 2011. He also serves as Chief Executive Officer and Director of Piedmont Community Bank Holdings, Inc. He is responsible for guiding Crescent’s overall strategy and operations, and directing its strategic initiatives. Before joining Crescent State Bank, he served as Chairman and Chief Executive Officer of RBC Bank (USA), a position he held since 2004. An active member of the community, Custer is on the boards of trustees for the College of William and Mary and William Peace University. He holds a bachelor’s degree in economics and business administration from the College of William and Mary.
On December 30, 2011 Steve Jones became President of Crescent State Bank. He also serves as the Head of Sales and Market Management of Piedmont Community Bank Holdings, Inc., a position he has held since 2010. Jones has served as Director, President and Chief Executive Officer of VantageSouth Bank, a community bank based in North Carolina and subsidiary of Piedmont since 2010. Prior to that, Jones spent over 10 years working at RBC Bank (USA) in a variety of leadership roles. In Raleigh, he is a member of the regional board of the American Heart Association and currently serves on the Board of Trustees and foundation board for East Carolina University, where he received his B.A.
Terry Earley Chief Financial Officer
Executive Vice President Terry Earley, a CPA, has served as Chief Financial Officer of Crescent Financial and Crescent State Bank since February 2012. He also has served as Chief Financial Officer of Piedmont Community Bank Holdings, Inc. since 2011. Prior to joining Piedmont, Earley was the President and Chief Executive Officer of Rocky Mountain Bank and Rocky Mountain Capital, located in Jackson, Wyoming. Earley served as Chief Financial Officer and Chief Operating Officer of RBC Bank (USA), which he joined in 1992. A leader in his community, Earley is a member of First Baptist Church and is a former board member of Faith Christian School, Rocky Mount. He holds a bachelor’s degree from the University of North Carolina at Chapel Hill in Business Administration with a concentration in accounting.
Chief Operating Officer
Lee Roberts became Chief Operating Officer of Crescent Financial and Crescent State Bank in 2011. He has served as a Managing Director of Piedmont Community Bank Holdings, Inc. since 2010. Prior to Piedmont, Roberts was a partner at Cherokee Investment Partners, LLC, a private equity firm, and was previously with Morgan Stanley & Co. in London and New York. He serves on the boards of Duke University’s Sanford School of Public Policy, the Duke Alumni Association, the Community Investment Corporation of the Carolinas, and Ravenscroft School in Raleigh. He holds a B.A. from Duke University and a J.D. from Georgetown University.