Crescent Bank

Overview / Commentary
1100 Poydras Street, Suite 100
New Orleans, LA 70163

Crescent Bank is headquartered in New Orleans and is the 13th largest bank in the state of Louisiana. It is also the 812th largest bank in the nation. It was established in 1991 and as of June of 2022, it had grown to 391 employees at 15 locations. Crescent Bank has an A health rating.

Related Posts

Crescent Bank Ups Nationally Available Long-Term CD Rates - 9/12/2022

Crescent Bank (LA) has substantially raised rate on its nationally available competitive Online CDs. Minimum opening deposit is $1k and new money is required.

Crescent Bank Raises Rates On Its Nationally Available CDs - 6/6/2022

Crescent Bank (LA) has raised rate on its nationally available competitive Online CDs. Minimum opening deposit is $1k and new money is required.

Crescent CD Rates Back Up Again, 18 Month (2.30%APY) Takes Nationwide Lead - 6/4/2022

On May 12 and 13, Ken provided an update on Crescent's nationwide availability and CD rates, including a drop in rates on May 13. However, it appears rates are increasing again. Relative to the May 13 rates, here are the new rates. 12 month 2.00%APY (was 1.75%) 18 month 2.30%APY (was 2.00%) 24 month 2.50%APY (was 2.20%) 36 month 2.75%APY (was 2.30%) 48 month 2.80%APY (was 2.50%) 60 month 2.85%APY (was 2.75%) CD rates can be found here One caution. There is a note at the top of the CD rates page that reads "Important Notice for Banking Customers: Online Banking and CD Ordering will be unavailable on Saturday, June 4th starting at 10:00pm until 12:00am CT on Sunday, June 5th. We apologize for the inconvenience and thank you for banking with Crescent Bank." I am not sure what that means....hopefully just some system maintenance.

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Reviews (1)

Great Experience!

Just opened a 5 yr. CD with this bank. Instantly got thru to an actual person when called, and the application process was easy. Very pleased!


Health Grade Components

FDIC Certificate #33492
Year Established1991
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.5%
Return on Equity - YTD9.5%
Annual Interest Income$78.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$1.26B$931.7MM
LoansQ2 2022vs Q2 2021$1.05B$768.0MM
DepositsQ2 2022vs Q2 2021$1.05B$744.4MM
Equity CapitalQ2 2022vs Q2 2021$177.7MM$164.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$40.0MM$35.1MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$26.1MM$16.9MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0

Rates for Crescent Bank are currently being reviewed.


Crescent Bank Locations
Metairie Branch2201 Veterans BoulevardMetairie, LA 70005
Crescent Bank & Trust1100 Poydras StNew Orleans, LA 70163
Northshore Branch1810 North Causeway Blvd.Mandeville, LA 70471

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