Crescent Bank
Crescent Bank was founded in 1991 when a small investor group led by Gary N. Solomon Sr. and Fred B. Morgan III. As the bank succeeded and grew, its geographical lending footprint expanded nationwide. While they specialize in providing auto loans to consumers across 32 states, they also offer local personal and business banking... show more
Crescent Bank Reviews
The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. The rating was last updated on 10/22/2025.
What's Your Rating?
Very good and professional and nice customer service I would love to do business with them again and they are there in your time of need
Crescent Bank Offers
Crescent Bank Q&A(9 questions)
Get answers to your questions about Crescent Bank below. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered.
- Most Popular
- Most Upvotes
What are the Crescent Bank CD rates?
The Crescent Bank CD has an APY of 3.60% - 3.65%. The interest you'll earn on your deposit depends on the term you choose. With term lengths ranging from 1 to 5 years, you can select the CD that aligns perfectly with your financial goals. Here's a breakdown of the terms available:
- 1-Year: 3.65% APY
- 2-Year: 3.65% APY
- 3-Year: 3.60% APY
- 5-Year: 3.60% APY
It's important to note that these rates may change without prior notice. For the most up-to-date information, please refer to the Crescent Bank website.
You can check the best CDs available for you to make sure that whatever decision you go for really fits your goals.
What are the Crescent Bank locations?
Crescent Bank has branches located in New Orleans, Metairie, and Mandeville, Louisiana. These locations offer a range of banking services, including auto loans, personal and commercial checking, savings, and certificates of deposit (CD).
If you need to visit a branch or contact the bank, you can find more information on their website or by reaching out to their customer service phone at (877) 831-3334.
If you're looking for a savings account, be sure to take...
Is Crescent Bank FDIC insured?
Yes, a Crescent Bank account is FDIC-insured up to $250,000 per customer, per account ownership category. This means that even if Crescent Bank fails, you will eventually be able to recover an individual account's balance up to $250,000.
If you have a joint account, each co-owner of the account is considered a separately insured customer. As a result, you can collectively recover the account's balance up to $500,000 in the event of a bank failure,...
Is Crescent Bank a good bank?
Crescent Bank could be a good option for those who live in Louisiana. It offers a wide range of products, including high-yield savings, certificates of deposit (CDs), checking accounts, money market accounts, and auto loans.
However, customer reviews are mixed. While some customers praise the service, others report negative experiences, including rude or unhelpful staff. The bank also primarily serves the Greater New Orleans area with only three branches, which may not suit customers who...
How are Crescent Bank CD interests compounded?
The interest on Crescent Bank CD is compounded quarterly and credited quarterly. This means that every three months, the interest accrued is added to your principal, allowing your investment to earn interest on both your original deposit and the previously accrued interest.
Keep in mind that this feature can change without prior notice. For the most up-to-date information, refer to Crescent Bank's website or contact their customer service by phone at (877) 831-3334.
You can check...
Important Disclosures
Ad Disclosure: Certain offers, companies or professionals (collectively “listings”) that appear on this site, originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where listings appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, companies and professionals, but our listings do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any issuer, as our editors follow a strict editorial policy.
WalletHub is not a financial advisor. Our goal is to provide you with top-notch content, data, and tools. You are responsible for deciding what financial products and providers are best for your needs.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. Actual terms may vary. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.