Gary N. Solomon Sr.
About Gary N. Solomon Sr.
Gary N. Solomon Sr. is the Chairman of Crescent Bank, which he founded in 1991 by purchasing the assets of Columbia Homestead and expanded its lending operations nationwide.
Gary N. Solomon Sr. Chairman of Crescent Bank
Gary N. Solomon Sr. is the Chairman of Crescent Bank. He has played a foundational role in the establishment and growth of the bank since its inception. Under his leadership, the bank has expanded its services and reach nationwide, bringing financial solutions to customers across various regions.
Founding of Crescent Bank
Gary N. Solomon Sr. founded Crescent Bank in 1991. He purchased the assets of Columbia Homestead to establish the bank. With a small group of investors, including Fred B. Morgan III, Solomon was instrumental in laying the groundwork for what would become a nationally recognized financial institution.
Crescent Bank Name Origin
The name 'Crescent Bank' was a deliberate choice by Gary N. Solomon Sr. It was named to honor the nickname of New Orleans, also known as the 'Crescent City.' This name reflects the bank's deep roots and connection to the cultural heritage of New Orleans.
Nationwide Lending Expansion
Under the leadership of Gary N. Solomon Sr., Crescent Bank has expanded its lending footprint nationwide. This strategic expansion has allowed the bank to provide financial services to a broader customer base, ensuring their access to loans and other banking products across various geographical locations.