About Crescent Bank
Crescent Bank is a Financial Services company based in New Orleans (United States) founded in 1991. Commercial banking services including loans and deposits are offered. Crescent Bank has raised $19 million across 3 funding rounds from investors including Boston Omaha. The company has 106 employees. Its chief executive, as recorded, is Gary Solomon. Its website cbtno.com draws about 43 thousand monthly visits. Crescent Bank offers products and services including Auto Loans, Certificates of Deposit, Personal Checking, and Commercial Checking. Its focus areas include Banks and Commercial Banks. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.
Company details
Crescent Bank was established in 1991 as a commercial bank in New Orleans, United States. Operations focus on providing financial services such as business loans, deposit accounts, and treasury management to corporate clients. The bank serves the regional market in Louisiana and surrounding areas, with oversight led by CEO Gary Solomon. Standard regulatory compliance is maintained across all activities.
- Total Equity Funding$19M (USD)
in 3 rounds
- Latest Funding Round$11.5M (USD), Debt – Conventional
Feb 2023
- Investors
- Employee Count106
Products & Services of Crescent Bank
Crescent Bank offers a comprehensive portfolio of products and services, including Auto Loans, Certificates of Deposit, Personal Checking, and Commercial Checking.
Financing options for purchasing automobiles with flexible payment terms.
Fixed-term deposits offering higher interest rates than standard accounts.
Accounts for everyday transactions and financial management.
Business accounts for managing company finances and payments.
Funding Insights of Crescent Bank
Crescent Bank has successfully raised a total of $19M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $11.5 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $19M
- Total Rounds 3
- Last Round Debt – Conventional — $11.5M
- First Round $12.5M
(Oct 2015)
- Investors Count 1
All 3 funding rounds of Crescent Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2023 | $11.5M | Debt – Conventional | – | – | – |
| May 2018 | $19M | Private Equity Round | – | – | |
| Oct 2015 | $12.5M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Crescent Bank
Crescent Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Boston Omaha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of broadband, billboard advertising, surety insurance, and asset management services | 2009 | bostonomaha.com | Omaha, United States |
Investor details for Crescent Bank
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People of Crescent Bank
23 people are tracked at Crescent Bank (12 in leadership, 11 in team); the tracked headcount is 106.
| Name | Role | Group |
|---|---|---|
Gary Solomon | CEO | Leadership |
Brian Donohue | Chief Executive Officer | Leadership |
Todd Trawick | Chief Operating Officer | Leadership |
Robbin Hardee | Vice President of Retail Banking | Leadership |
Stephanie Laws | EVP/Chief Administrative Officer & Bank Security Officer | Leadership |
Dan Lawrence | SVP, Head of Enterprise Risk Management | Leadership |
Adam Parkinson | Senior Vice President of Lending and Product Strategy | Leadership |
Jared Barousse | Chief Technology Officer | Leadership |
Emily Cobos | Human Resources Business Partner | Leadership |
Fred Morgan | President | Leadership |
Gabriela Lopez | Senior Vice President, IT Operations & Security | Leadership |
Janie Hanson | VP of Bank Compliance | Leadership |
Casey Harris | Payment Processor | Team |
Jessica Tran | Digital Banking Services Manager | Team |
Venkat Narayana Emandi | Project Manager | Team |
Erika Kingrey | HRIS | Team |
Angela Clark, PMP | Lead Project Manager | Team |
Sangeeta Raghu | SVP Digital & Deposits Strategy | Team |
Sean Fennema | Svp-loss Mitigation | Team |
Ben Sanders | Loss Mitigation Manager Charge Off Department | Team |
3 more people are available in the full profile.
Complete people profiles for Crescent Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Timeline of Crescent Bank
3 dated milestones of Crescent Bank across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Crescent Bank is founded.
- Funding First funding round of $12.5M.
- Funding Latest funding round, Debt – Conventional, of $11.5M.
Competitors of Crescent Bank
Crescent Bank has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. | ||
| citigroup.com | 1812 | New York, United States | 500 | Diversified financial services are offered through commercial banking operations. |
Detailed competitors of Crescent Bank
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- Full competitor set
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Web traffic of Crescent Bank
The website of Crescent Bank (cbtno.com) receives about 42.5K visits a month.
- Monthly visits42.5K
▲ 35% vs previous month
Websites whose visitors overlap most with Crescent Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
autofinancenews.net | autofinancenews.net | 100% | #1,523,416 | – | |
| blueskyautofinance.com | 85% | View details | |||
snaac.com | snaac.com | 84% | – | ||
| automotivecredit.com | 84% | 5K | #1,295,474 | View details | |
| westlakefinancial.com | 84% | 1.2M | #28,985 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Crescent Bank
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Related news about Crescent Bank
Complete news archive for Crescent Bank
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Frequently Asked Questions about Crescent Bank
Crescent Bank was founded in 1991 and raised its 1st funding round 24 years after it was founded.
Crescent Bank is headquartered in New Orleans, United States. It is registered at New Orleans, Louisiana, United States.
Gary Solomon is the CEO of Crescent Bank, as recorded in our data.
Crescent Bank is a funded company, having raised a total of $19M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $12.5M, raised on Oct 2015.
Crescent Bank has 106 employees.
Crescent Bank was established in 1991 as a commercial bank in New Orleans, United States. Operations focus on providing financial services such as business loans, deposit accounts, and treasury management to corporate clients. The bank serves the regional market in Louisiana and surrounding areas, with oversight led by CEO Gary Solomon. Standard regulatory compliance is maintained across all activities.
Crescent Bank's top competitors include Truist, Citi and Equity Bank.
Crescent Bank offers Auto Loans, Certificates of Deposit, Personal Checking, and Commercial Checking.
Crescent Bank has 1 investor. Key investors include Boston Omaha.