Raymond D. Vaughn

VantageSouth Bancshares, Inc. is a bank holding company, which engages in the management and operation of banks. It offers checking and savings account, lending, business and consumer credit cards, and mortgage lending for businesses and individual customers through VantageSouth Bank. The company was founded on April 27, 2001 and is headquartered in Raleigh, NC.

Crescent State Bank is a wholly owned subsidiary of Crescent Financial Bancshares. 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. Founded and headquartered in Cary, NC, they pride themselves on being able to provide fast, local decision-making and quality customer service to each of their customers. Their bankers are hand-picked members of the community with strong banking backgrounds. Through one's expertise they are able to help their customers make sound financial decisions.