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CRFN > SEC Filings for CRFN > Form 8-K on 14-Aug-2009All Recent SEC Filings

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Form 8-K for CRESCENT FINANCIAL CORP

14-Aug-2009

Change in Directors or Principal Officers, Financial Statements and Exhib


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective August 11, 2009, Jon T Vincent resigned from the Registrant's Board of Directors and from that of its wholly-owned subsidiary, Crescent State Bank. Mr. Vincent's resignation is not the result of any disagreement with the Registrant. Mr. Vincent served as Chairman of the Audit Committee of the Registrant's Board of Directors and also served as a member of the Compensation Committee.

A copy of Mr. Vincent's resignation letter is filed as Exhibit 99.1 to this current report.



Item 9.01. Financial Statements and Exhibits.

Exhibit 99.1. Resignation Letter

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