Carolina Alliance Bank (CRLN)

As of April 1, 2019, CAB Financial Corporation was acquired by Park National Corporation. CAB Financial Corporation operates as the holding company for Carolina Alliance Bank that provides personal and business banking products and services to small to medium-sized businesses, professional firms, and individuals. It offers checking, savings, and money market accounts, as well as certificates of deposits, CDARS, insured cash sweeps, and IRAs. The company also provides personal loan products, such as mortgages, home equity lines of credit, home equity loans, auto loans, personal unsecured loans, CD secured loans, and overdraft protection, as well as mortgage solutions for purchasing, refinancing, investment property, and second homes. In addition, it offers business loan products consisting of working capital lines of credit, equipment loans, acquisition loans, real estate term and construction loans, land development loans, commercial real estate loans, and small business administration loans. Further, the company provides commercial vehicle and equipment leasing services; and bank cards, as well as online banking, mobile banking, private banking, wealth management and investment, and merchant services. The company operates seven banking offices located in Spartanburg, Greenville, Powdersville, Easley, and Anderson in South Carolina; and Asheville and Hendersonville in North Carolina, as well as a loan and lease production office in Charlotte, North Carolina. The company was founded in 2007 and is based in Spartanburg, South Carolina.