Dedicated to Deposits: Deals, Data, and Discussion
Crescent Bank2.03%$1k-60 Month CD
Accounts mentioned in this post. Rates as of August 27, 2014

Top Mid-Term & Long-Term CD Rates at Crescent Bank & Trust in Louisiana


Crescent Bank

Crescent Bank & Trust is offering several very competitive mid-term and long-term CD rates. My last report of this bank was back in 2010. Its rates haven't changed much while rates of other banks have fallen. That has made its rates very competitive. The best one is a 2.50% APY 5-year CD. Minimum deposit is $1,000. There are also 3 very competitive CD specials with a $5,000 minimum deposit. These include a 2.25% APY 44-month CD, a 2.20% APY 37-month CD and a 2.15% APY 35-month CD. These rates are listed in the bank's rates page as of 5/16/2012.

I couldn't find the CD disclosure online. I called the bank today, and I was told that the early withdrawal penalty is 6 months of interest for terms over 12 months. A branch visit is required, but I was told they do accept out-of-state deposits. So if you can travel to a branch, you should be able to open a CD. Make sure to call the branch before you visit to make sure the bank's policy hasn't changed.

Branches that can process CD applications are located in New Orleans, Metairie, Alexandria, Baton Rouge, Covington, Monroe and Shreveport, Louisiana.

The bank has an overall health score at of 5 stars (out of 5) with a Texas ratio of 7.54% (excellent) based on December 2011 data. Please refer to our financial overview of Crescent Bank & Trust for more details. The bank has been a FDIC member since 1991 (FDIC Certificate # 33492).

How These CD Rates Compare

All of these Crescent Bank & Trust CD rates are higher than the best rates of comparable term CDs at nationally available banks and credit unions. The best 3-year and 4-year CD rates are 1.76% APY and 1.96% APY at Melrose Credit Union. The best 5-year CD rate is 2.25% APY at Astera Credit Union. These rates are accurate as of 5/16/2012.

Searching for Top CD Rates

To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of

  Tags: Crescent Bank, CD rates, Louisiana

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Comment #1 by Anonymous posted on
I called bank.  They have a great Ira rate over 3% for five years,  however they were suppose to call back and let me know if they take out of state, as of yet they have not called back.  The number that is posted on their web site is not a working nunber.  You really have to do alot of dancing to reach someone who has information.  so far no luck.  If possible would like to know how to apply on line for their cd.

Comment #2 by Anonymous posted on
Corection.  The number is working.  I was able to get threw, you have to be there in person but do not have to live in state to open the acct.  Its a great Ira rate for those who are close bye. 

Comment #3 by Bill W (anonymous) posted on
Bill W
  Must come into branch to open a cd (drive 500 miles).

Comment #4 by Bill W. (anonymous) posted on
Bill W.
Called 504-556-5950 this morning (6/7/2012).   Was told that I must live La. to purchase a CD. Gladed I called before driving 178 miles one way.