SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported) May 7, 2008
 
CRESCENT FINANCIAL CORPORATION
(Exact name of Registrant as specified in its charter)
 
North Carolina
000-32951
56-2259050
(State or other jurisdiction of incorporation)
(Commission File No.)
(IRS Employer Identification number)
 
1005 HIGH HOUSE ROAD, CARY, NC 27513
(Address of principal executive offices)
 
Registrant’s telephone number, including area code (919) 460-7770
 
Not Applicable
(Former address of principal executive offices)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
ITEM 7.01 REGULATION FD DISCLOSURE

On May 7, 2008, Crescent Financial Corporation (the “Registrant”) made an investor presentation at the Carolina Bank Investor Forum. During the course of the presentation, the Registrant presented certain information regarding its recent financial performance. The Registrant’s presentation materials are furnished as Exhibit 99.1 hereto and are incorporated by reference into this Item 7.01.

The information contained in this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
 
ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS 
 
(d)
Exhibits.
 
The following exhibits are filed herewith:
 
 
EXHIBIT NO.
  
DESCRIPTION OF EXHIBIT
     
 
99.1
  
Presentation Materials
   
  
  
       
 
The Current Report on Form 8-K (including information included or incorporated by reference herein) may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements regarding certain of the Registrant's goals and expectations with respect to earnings, income per share, revenue, expenses and the growth rate in such items, as well as other measures of economic performance, including statements relating to estimates of credit quality trends, and (ii) statements preceded by, followed by or that include the words “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “projects,” “outlook” or similar expressions. These statements are based upon the current belief and expectations of the Registrant’s management and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond the Registrant’s control).
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
  CRESCENT FINANCIAL CORPORATION
 
 		  
 		  
 
Dated: May 7, 2008 By:   /s/ Michael G. Carlton
 
Michael G. Carlton
President and Chief Executive Officer
 
 
 
 
 
EXHIBIT INDEX
 
Exhibit Number
Description of Exhibit
   
99.1
Presentation Materials