# CRESCENT BANK AND TRUST COMPANY

> **Failed bank** · JASPER, GA · failed 2010-07-23 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $304M

## What happened

CRESCENT BANK AND TRUST COMPANY of JASPER, GA was closed by regulators on **2010-07-23**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **RENASANT BANK** (TUPELO, MS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3833
- **FDIC Certificate:** 27559
- **FDIC FIN:** 10265
- **Bank name:** CRESCENT BANK AND TRUST COMPANY
- **Location:** JASPER, GA
- **Failure date:** 2010-07-23
- **FDIC resolution date:** 2010-07-23
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $304M
- **Deposits at failure:** $933M
- **Assets at failure:** $970M
- **Acquiring bank:** RENASANT BANK (TUPELO, MS)

## Other banks RENASANT BANK has acquired in FDIC resolutions

- AMERICAN TRUST BANK (ROSWELL, GA) — failed 2011-02-04 — /failed-bank/3903

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CRESCENT%20BANK%20AND%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CRESCENT BANK AND TRUST COMPANY (FDIC ID 3833), failed 2010-07-23. Retrieved via AI Analytics 2026-05-23 from https://api.ai-analytics.org/failed-bank/3833.

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