Crescent Bank & Trust
Business Financing in Shreveport, LA
Crescent Bank & Trust, a privately owned corporation, was established in 1991 by an investor group established to acquire the assets of Columbia Homestead, a savings and loan institution. On September 18, 1991, the ownership group was granted a charter to open City Bank & Trust, a $20 million, one-branch bank with 3 employees situated on West Harrison Avenue in Lakeview. Desiring to add to the deposit and loan accounts purchased from Columbia, the management staff continued to purchase loan pools over the next few months.
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