While we specialize in providing auto loans to high-risk consumers in offices across 23 states, we also offer robust personal and business banking services to a number of communities throughout Louisiana. Our 25 years of experience has made us one of the most trusted lenders and banking service providers, and we will be here when you need us. To see a list of our office services and locations, click here.
Crescent Bank was founded in 1991 when a small investor group led by Gary N. Solomon Sr. and Fred B. Morgan III purchased the assets of Columbia Homestead on Harrison Avenue in New Orleans. With only three employees, our bank opened as City Bank & Trust, but it was later changed to Crescent Bank & Trust (now just Crescent Bank). The name was chosen to pay homage to a famous nickname of New Orleans, the “Crescent City”.
Shortly after its founding, Crescent Bank began to open offices throughout Louisiana to provide auto loans and essential banking services to local markets. As the bank succeeded and grew, its geographic footprint expanded into several other states.
Today, we have two full-service branches, two operation centers and five loan production offices (LPOs) in Louisiana. We also operate 38 LPOs in 23 states outside of Louisiana. Crescent bank employs more than 625 people nationwide and its total assets currently exceed $1.0 billion.