Rochester,NY 9/2/2009 12:12:50 AM
Crescent Banking Company. CSNT, Crescent Bank Merges With FirstBank.
Crescent Banking Company.
Crescent Banking Company, merged he Community FirstBank with it subsudiaries.The Merging two companies has been announced that the change will allow the business units to reduce costs by sharing more back-office paper work, streamlining, reporting requirements and reducing redundancies.This Merge is an internal move.
The two banking units totally have assets of about 10 retail branches, assets of $1.1 billion, and 115 employees approximately.
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