Fred Morgan

Since 1991, Crescent Bank has provided personal and business banking services built on trust, responsiveness, and long-term relationships. We offer competitive CDs and a range of deposit products to help customers save, grow, and manage their funds with confidence. Whether you are looking for everyday flexibility, long-term savings options, or a trusted place to keep your business deposits, we combine modern banking convenience with the personal service you would expect from a community bank. 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, Louisiana. With only three employees, the bank opened as City Bank & Trust. The name was later changed to Crescent Bank & Trust, and then to Crescent Bank. The name was chosen to pay homage to a famous nickname of New Orleans, the “Crescent City”. Throughout its history Crescent Bank has provided lending and banking services nationwide, with a consistent focus on bringing investment and growth to the greater New Orleans area it calls home. See our online privacy policy at https://www.cbtno.com/privacy-and-security/online-privacy-policy/.