crescent city bank and trust new orleans

Cert #, Institution, City, ST, Est, Reg, Core Deposits, Net Lns & Leases, Perc. 1, 33492, Crescent Bank & Trust, New Orleans, LA, 1991, FDIC, 653,496,000. Crescent Bank New Orleans branch is located at 1100 Poydras Street, Suite 100, New Orleans, LA 70163. Get hours, reviews, customer service phone number and. No information is available for this page.

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How Humans Sank New Orleans

A drone photo of downtown New Orleans and the Mississippi River, with the French Quarter in the foreground and the West Bank in the distance

Technology

Engineering put the Crescent City below sea level. Now, its future is at risk.

By Richard Campanella

Below sea level. It’s a universally known topographical factoid about the otherwise flat city of New Orleans, and one that got invoked ad nauseam during worldwide media coverage of Hurricane Katrina and its catastrophic aftermath in 2005. Locally, the phrase is intoned with a mix of civic rue and dark humor.

It’s also off by half. Depending on where exactly one frames the area measured, roughly 50 percent of greater New Orleans lies above sea level. That’s the good news. The bad news: It used to be 100 percent, before engineers accidentally sank half the city below the level of the sea. Their intentions were good, and they thought they were solving an old problem. Instead, they created a new and bigger one.

Three hundred years ago this spring, French colonials first began clearing vegetation to establish La Nouvelle-Orléans on the meager natural levee of the Mississippi River. At most 10 to 15 feet above sea level, this feature accounts for nearly all the region’s upraised terrain; the rest is swamp or marsh. One Frenchman called it “Nothing more than two narrow strips of land, about a musket shot in width,” surrounded by “canebrake [and] impenetrable marsh.”

For two centuries after the establishment of New Orleans in 1718, urban expansion had no choice but to exploit this slender ridge—so much so that many patterns of local history, from urbanization and residential settlement geographies to architecture and infrastructure, spatially echoed the underlying topography.

This might seem paradoxical to anyone who’s visited the Crescent City. What topography? In one of the flattest regions on the continent, how can elevation matter so much? But that’s exactly the point: The lower the supply of a highly demanded resource, the more valuable it becomes. Unlike most other cities, which may have elevational ranges in the hundreds of feet, just a yard of vertical distance in New Orleans can make the difference between a neighborhood developed in the Napoleonic Age, the Jazz Age, or the Space Age.

Understanding how these features rose, and why they later sank, entails going back to the end of the Ice Age, when melting glaciers sent sediment-laden runoff down the Mississippi to the Gulf of Mexico. Starting around 7,200 years ago, the river’s mouth began pressing seaward, dumping sediments faster than currents and tides could sweep them away. The mud accumulated, and lower Louisiana gradually emerged from the Gulf shore.

Areas closest to the river and its branches rose the highest in elevation, because they got the most doses of the coarsest sediment. Areas farther from the river got just enough silt and clay particles to rise only slightly above the sea, becoming swamps. Areas farthest out received scanty deposition of the finest particles amid brackish tides, becoming grassy wetlands or saline marsh. The entire delta, under natural conditions, lay above sea level, ranging from a few inches along the coastal fringe to over a dozen feet high at the crest of the Mississippi River’s natural levee. Nature built lower Louisiana above sea level, albeit barely—and mutably.

Native peoples generally adapted to this fluidity, shoring up the land or moving to higher ground as floodwaters rose. But then European imperialists came to colonize. Colonization meant permanency, and permanency meant imposing engineering rigidity on this soft, wet landscape: levees to keep water out, canals to dry soil, and in time, pumps to push and lift water out of canals lined with floodwalls.

All this would take decades to erect and centuries to perfect. In the meantime, throughout the French and Spanish colonial eras, and under American dominion after the Louisiana Purchase in 1803, New Orleanians had no choice but to squeeze their booming metropolis onto those “two narrow strips of land” while eschewing the low-lying “canebrake [and] impenetrable marsh.” Folks hated every inch of that backswamp, viewing it as a source of miasmas, the cause of disease, and a constraint on growth and prosperity. One observer in 1850 unloaded on the wetlands: “This boiling fountain of death is one of the most dismal, low, and horrid places, on which the light of the sun ever shone. And yet there it lies under the influence of a tropical heat, belching up its poison and malaria ... the dregs of the seven vials of wrath ... covered with a yellow greenish scum.”

Only later people would learn that it was not miasmas but the invasive Aedes aegypti mosquito, brought in by transatlantic shipping, that caused diseases like yellow fever; that it was urban cisterns and poor sanitation that enabled mosquitoes to breed and feed on human blood; and that the “dismal, low” terrain actually aided the city by storing excess water, be it from the sky, the Mississippi River, the bay known as Lake Pontchartrain, or the Gulf of Mexico. It was not “horrid” but propitious that nobody lived in the backswamp, and that the technology to drain it was not available. And most importantly, that the “yellow greenish scum” lay above sea level.

Understandably, given the incompatibility of natural deltaic processes with urbanization, New Orleanians began erecting embankments along the river and digging drainage ditches within a year of the city’s foundation. One colonist described how settlers in 1722 were “ordained [to] leave all around [their city parcel] a strip at least three feet wide, at the foot of which a ditch was to be dug, to serve as a drain.” Outflow canals were excavated to speed drainage back toward the swamp, and in nearby plantations, ditches were dug to control soil water or divert river water to power sawmills.

Gravity was the main source of energy for these initial water projects, but in the early 1800s, steam power came into the picture. In 1835, the New Orleans Drainage Company began digging a network of urban ditches, using a steam-driven pump to push the runoff back out of Bayou St. John—with limited success. A similar pumping system was attempted in the late 1850s, only to be disrupted by the Civil War. In 1871, the Mississippi and Mexican Gulf Ship Canal Company dug 36 miles of ditches, including three major outfall canals, before it too went bankrupt.

It was becoming clear that draining New Orleans would best be stewarded by the public sector instead. Municipal engineers in the late 1800s cobbled together the extant network of gutters and ditches and, with the propulsion of some steam-driven pumps, were able to expel up to one-and-a-half inches of rainfall per day into surrounding water bodies.

That wasn’t nearly enough to drain the swamp, but it was enough to begin permanently altering the New Orleans’s land surface. We know this because in 1893, when the city finally got serious and funded expert engineers to figure out how to solve this problem, surveyors set out to map local elevations as had never been done before. The resulting topographical map of New Orleans (1895) would inform the engineering of what would become a world-class system.

The 1895 map also revealed something curious: The rear precincts of one downtown faubourg had, for the first time, dipped slightly below sea level. The sinkage would not bode well for things to come.

What was beginning to happen was anthropogenic soil subsidence—the sinking of the land by human action. When runoff is removed and artificial levees prevent the river from overtopping, the groundwater lowers, the soils dry out, and the organic matter decays. All this creates air pockets in the soil body, into which those sand, silt, and clay particles settle, consolidate—and drop below sea level.

Construction of the new drainage system began in 1896 and accelerated in 1899, when voters overwhelmingly approved a two-mill property tax to create the New Orleans Sewerage and Water Board. By 1905, 40 miles of canal had been excavated, hundreds of miles of pipelines and drains had been laid, and six pumping stations were draining up to 5,000 cubic feet of water per second. System efficacy improved dramatically after 1913, when a young engineer named Albert Baldwin Wood designed an enormous impeller pump that could discharge water even faster. Eleven “Wood screw pumps” were installed by 1915, and many are still in use today. By 1926, over 30,000 acres of land had been “reclaimed” via 560 miles of pipes and canals with a capacity of 13,000 cubic feet of water per second. New Orleans had finally conquered its backswamp.

The change in urban geography was dramatic. Within a decade or so, swampland became suburbs. Property values soared, tax coffers swelled, and urbanization sprawled onto lower ground toward Lake Pontchartrain. “The entire institutional structure of the city” reveled in the victory over nature, wrote John Magill, a local historian. “Developers promoted expansion, newspapers heralded it, the City Planning Commission encouraged it, the city built streetcars to service it, [and] the banks and insurance companies underwrote the financing.” The white middle class, eager to flee crumbling old faubourgs, moved into the new “lakefront” neighborhoods en masse, to the point of excluding black families through racist deed covenants. And in a rebuke of two centuries of local architectural tradition, new tract housing was built not raised on piers above the grade, but on concrete slabs poured at grade level. Why design against floods if technology has already solved that problem?

The change in topographic elevation was more subtle, but equally consequential. A city that had been entirely above sea level into the late 1800s, and over 95 percent in 1895, had by 1935 fallen to about 70 percent above sea level.

Subsidence continued even as more and more people moved into subsiding areas. While the vast majority of New Orleans’s 300,000 residents lived above sea level in the early 1900s, only 48 percent remained above the water in 1960, when the city’s population peaked at 627,525. That year, 321,000 residents lived on former swamp, over which time they dropped into a series of topographical bowls four to seven feet below sea level.

The average New Orleanian of this era perceived being below sea level as something of a local curiosity. Then as now, most folks did not understand that this was a recent man-made accident, or that it could become hazardous. But streets increasingly buckled and buildings cracked. When Hurricane Betsy ruptured levees and flooded the bottoms of four sunken urban basins in 1965, the curiosity became more of a crisis.

Soil subsidence made frightful headlines in the 1970s, when at least eight well-maintained houses in a suburban subdivision exploded without warning. “Scores of Metairie residents,” The New Orleans Times-Picayunereported, “wondered whether they are living in what amounts to time bombs.” The affected subdivision, low-lying to begin with and positioned on an especially thick layer of peat, had been drained just over a decade earlier. With so much “wet sponge” to dry out, the soils compacted rapidly and subsided substantially, cracking slab foundations. In some cases, gas lines broke and vapors leaked into the house, after which all it took was a flicked light switch or a lit cigarette to explode.

The emergency was abated through ordinances requiring foundational pilings and flexible utility connections. But the larger problem only worsened, as gardens, streets, and parks continued to subside, and those neighborhoods that abutted surrounding water bodies had to be lined with new lateral levees and floodwalls. Many of those and other federal structures proved to be under-engineered, underfunded, and under-inspected, and all too many failed in the face of Hurricane Katrina’s storm surge on August 29, 2005. The rest is topographic history, as seawater poured through the breaches and filled bowl-shaped neighborhoods with up to 12 feet of saltwater. Large-scale death and catastrophic destruction resulted, in part, from New Orleans having dropped below sea level.

What to do? Urban subsidence cannot be reversed. Engineers and planners cannot “reinflate” compacted soils if city dwellers have built lives upon them. But they can reduce and possibly eliminate future sinkage by slowing the movement of runoff across the cityscape and storing as much water as possible on the surface, thus recharging the groundwater and filling those air cavities. The Greater New Orleans Urban Water Plan, conceived by a local architect, David Waggonner, in dialogues with Dutch and Louisiana colleagues, lays out a vision of how such a system would work. But even if executed fully, the plan would not reverse past subsidence. This means that greater New Orleans and the rest of the nation must be committed to maintaining and improving structural barriers to prevent outside water from pouring into “the bowl.”

To a degree, those resources arrived after Katrina, when the Army Corps of Engineers fast-tracked the design and construction of a unique-in-the-nation Hurricane and Storm Damage Risk-Reduction System. Costing over $14.5 billion and completed in 2011, “The Wall,” as folks call the sprawling complex, aims to keep those living inside secure from flooding from storms computed to have a 1 percent chance of occurring in any given year—not the level of security needed, but an improvement nonetheless.

Yet, history shows that “walls” (that is, levees, embankments, floodwalls, and other rigid barriers) have gotten New Orleans into topographical trouble, even if they have also been essential to the viability of this 300-year-old experiment in delta urbanism. The city cannot rely on them alone. The biggest and most important part of assuring a future for this region is to supplement structural solutions with nonstructural approaches.

Louisiana’s coast has eroded by over 2,000 square miles since the 1930s, mostly on account of the leveeing of the Mississippi River and the excavation of oil, gas, and navigation canals—not to mention rising sea levels and intruding saltwater. Slowing that loss requires tapping into the very feature that built this landscape, the Mississippi River, by diverting its freshwater and siphoning its sediment load onto the coastal plain, pushing back intruding saltwater and shoring up wetlands at a pace faster than the sea is rising.

Restored wetlands would serve to impede hurricane storm surges, reducing their height and power before reaching “The Wall,” and thus lessening the chances that they break through and inundate “the bowl.” A federally backed state plan by the Coastal Protection and Restoration Authority is now complete and approved, and some projects are underway. But the larger effort is a moonshot, costing at least $50 billion and possibly double that. Only a fraction of the needed revenue is in hand.

Meanwhile, inhabitants will have to raise their residences above base-flood elevation (a requirement to qualify for federal flood insurance). If finances allow, they might opt to live in the half of the metropolis that remains above sea level. Collectively, they might consider advocating for the Urban Water Plan, supporting coastal restoration efforts, and understanding the larger global drivers of sea-level rise.

They can also forswear draining any further wetlands for urban development. Let swamps and marshes instead be green with grass, blue with water, absorptive in the face of heavy rainfall, buffering in their effect on storm surges—and above sea level in their topographic elevation. When it comes to living being below sea level, New Orleanians have little choice but to adapt.

Источник: https://www.theatlantic.com/technology/archive/2018/02/how-humans-sank-new-orleans/552323/

Crescent Bank & Trust

Bank's Headquarters:

1100 Poydras Street, Suite 100
New Orleans, Louisiana 70163

Became FDIC Insured:

Aug 30, 1991

Bank Class:

Commercial bank, state charter and Fed nonmember, supervised by the FDIC.

Last Structure Change:

2013-08-22

In more than one state?

Yes

Bank Specialty/Focus:

Consumer Lending Specialization

Bank Holding Company:

Cb&T Holding Corporation

Parent FDIC Cert#:

NA - Not listed as a child of a larger bank.

Deposits Held Domestically:

$839,965

FDIC Supervisory Region:

Dallas

Federal Reserve District:

Dallas

FDIC Field Office:

Baton Rouge

Average Customer Rating

0 out of 5 stars from 0 reviews.

Average Customer Star Rating

33492-Crescent Bank & Trust


Reviews

We currently have no ratings or reviews for this bank location. If you have used their banking services in the past please consider leaving a review or rating for future vistors to this page - it is very much appreciated!

Источник: https://www.wheresmybank.com/banks-33492-crescent-bank-&-trust
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Crescent Bank & Trust

Company Data

Address:1100 Poydras St, Ste 100, New Orleans, Louisiana, 70163, United States
Company revenue:$100 - 999 M

NAICS Code522110

SIC Code6021

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Frequently Asked Questions regarding Crescent Bank & Trust:

FAQ regarding Crescent Bank & Trust:

Where is Crescent Bank & Trust’s headquarters?

Crescent Bank & Trust’s headquarters is in 1100 Poydras St New Orleans Louisiana 70163, United States

What is Crescent Bank & Trust’s phone number?

Crescent Bank & Trust’s phone number is (504)-556-5950

What is Crescent Bank & Trust’s official website?

Crescent Bank & Trust’s official website is cbtno.com

What is Crescent Bank & Trust’s revenue?

Crescent Bank & Trust’s revenue is $100 - 999 M

What is Crescent Bank & Trust’s SIC code?

Crescent Bank & Trust’s SIC code is 6021

What is Crescent Bank & Trust’s NAICS code?

Crescent Bank & Trust’s NAICS code is 522110

What is Crescent Bank & Trust’s industry?

Crescent Bank & Trust is in the industry: Finance

How many employees are working in Crescent Bank & Trust?

Crescent Bank & Trust has 501-1,000 employees

What is Crescent Bank & Trust’s tech stack?

Crescent Bank & Trust uses these technologies: jQuery, Google API, Google Analytics, PHP, Akamai CDN, NetDefend FirewallSee More

Источник: https://infotelligent.com/company/crescent-bank-&-trust/393051

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Professional and solid bank. Robert Ragasa at the Kamuela Branch was very helpful and professional. If you are looking for a solid bank: look no further.
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Be careful when applying for a credit card here. Bank of America does not do good business and they don't seem to care about their customers. At the end of October, I applied for a card with 15 months 0% APR and $0 balance transfer fee that ended up being 18 months 0% APR and 3% balance transfer fee. They're saying I selected a different offer when requesting the transfer, trough their website. They've been awful to me ever since. Taught me a lesson to stick to the bigger, better companies who don't want to lose a customer over something as silly as this.
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Источник: https://www.bank-locations.us/crescent-bank-trust

Kean Miller Expands New Orleans Office

Kean Miller will expand its New Orleans office to new space in First Bank and Trust Tower located at 909 Poydras. The firm has agreed to a long-term lease for nearly 31,000 square feet across two floors in one of downtown New Orleans' premier Class A office towers.
  News of the transaction was featured on NOLA.com and in New Orleans CityBusiness. 

"New Orleans is the fastest growing office in our firm. Our clients' needs are growing rapidly, and so are our firm’s space requirements.  We have experienced an explosion in the number of resources required to exceed our clients' expectations.  The development of a new, contemporary, collaborative workspace is essential to our future growth plans in the Crescent City," said Blane Clark, Kean Miller's Managing Partner. "We have recently added partners and associates from old-line New Orleans law firms, in addition to attracting lateral attorneys returning to post-Katrina New Orleans following stints with law firms in Texas and California."  Gary Horwitz, CEO of Hertz Investment Group added “This long term lease with one of the leading law firms in Louisiana for the top floors of First Bank and Trust Tower solidifies this building as one of finest office towers in the New Orleans market.” 


Kean Miller's New Orleans office design will reflect a bright, sophisticated space that accentuates the use of the latest business technology, while embracing the cultural character of New Orleans. Soon to be located on the 34th and 36th floors of First Bank & Trust Tower, the New Orleans space will include offices for each of the firm's 30+ attorneys in the market, as well as ample space for expansion as new attorneys arrive. The space will include a total of seven conference rooms on two floors with state-of-the-art audio and video conferencing capabilities in each room. Areas for collaborative projects and legal support activities will build on the firm’s team approach in a modern, comfortable environment.

Daylight and a southern vista will greet visitors in the main reception area of the firm's conference center, which will host meetings, training sessions, mock trials, social gathering, and community events. The space will also feature many of the stunning materials and technology highlighted in the firm's Baton Rouge office, which was redesigned in 2010.  

“Kean Miller’s decision to move into signature office space on the top floors in one of New Orleans finest office buildings shows a significant commitment to the City and State and demonstrates rapid and sustained growth for one of Louisiana’s long-standing law firms” said Bobby Talbot, president of Talbot Realty Group.  Bryan Burns of Transwestern added “This expansion by Kean Miller is another illustration of the continued vitality of the New Orleans market.  The most prominent law firms in the city have consistently grown and prospered as the New Orleans economy continues its renaissance.”  

Kean Miller was represented in the lease negotiations by Bobby Talbot, CCIM, of the New Orleans-based Talbot Realty Group.  First Bank and Trust Tower was represented by Bryan Burns of Transwestern.


About Kean Miller

With 137 attorneys, Kean Miller serves the legal needs of Louisiana businesses and Fortune 500 companies. The firm maintains offices in New Orleans, Baton Rouge, and Lake Charles, Louisiana.  The firm serves clients in numerous industries including energy, petrochemical and chemical, technology and telecommunications, transportation, media and advertising, financial services, insurance, gaming, government and education, healthcare, manufacturing, real estate, retail, construction and leasing.   The firm combines the talent and expertise of its lawyers into multi-disciplinary client and industry teams. These teams are comprised of seasoned legal professionals from a variety of disciplines who are equipped to identify legal and business needs and to develop superior service strategies that provide unmatched support to the client.

For more information, contact Steve Boutwell at 225.389.3736, or steve.boutwell@keanmiller.com

Источник: https://www.keanmiller.com/kean-miller-expands-new-orleans-office.html
crescent city bank and trust new orleans

How Humans Sank New Orleans

A drone photo of downtown New Orleans and the Mississippi River, with the French Quarter in the foreground and the West Bank in the distance

Technology

Engineering put the Crescent City below sea level. Now, its future is at risk.

By Richard Campanella

Below sea level. It’s a universally known topographical factoid about the otherwise flat city of New Orleans, and one that got invoked ad nauseam during worldwide media coverage of Hurricane Katrina and its catastrophic aftermath in 2005. Locally, the phrase is intoned with a mix of civic rue and dark humor.

It’s also off by half. Depending on where exactly one frames the area measured, roughly 50 percent of greater New Orleans lies above sea level. That’s the good news. The bad news: It used to be 100 percent, before engineers accidentally sank half the city below the level of the sea. Their intentions were good, and they thought they were solving an old problem. Instead, they created a new and bigger one.

Three hundred years ago this spring, French colonials first began clearing vegetation crescent city bank and trust new orleans establish La Nouvelle-Orléans on the meager natural levee of the Mississippi River. At most 10 to 15 feet above sea level, this feature accounts for nearly all the region’s upraised terrain; the rest is swamp or marsh. One Frenchman called it “Nothing more than two narrow strips of land, about a musket shot in width,” surrounded by “canebrake [and] impenetrable marsh.”

For two centuries after the establishment of New Orleans in 1718, urban expansion had no choice but to exploit this slender ridge—so much so that many patterns of local history, from urbanization and residential settlement geographies to architecture and infrastructure, spatially echoed the underlying topography.

This might seem paradoxical to anyone what time is kohls open until today visited the Crescent City. What topography? In one of the flattest regions on the continent, how can elevation matter so much? But that’s exactly the point: The lower the supply of a highly demanded resource, the more valuable it becomes. Unlike most other cities, which may have elevational ranges in the hundreds of feet, just a yard of vertical distance in New Orleans can make the difference between a neighborhood developed in the Napoleonic Md unemployment benefits debit card, the Jazz Age, or the Space Age.

Understanding how these features rose, and why they later sank, entails going back to the end of the Ice Age, when melting glaciers sent sediment-laden runoff down the Mississippi to the Crescent city bank and trust new orleans of Mexico. Starting around 7,200 years ago, the river’s mouth began pressing seaward, dumping sediments faster than currents and tides could sweep them away. The mud accumulated, and lower Louisiana gradually emerged from the Gulf shore.

Areas closest to the river and its branches rose the highest in elevation, because they got the most doses of the coarsest sediment. Areas farther from the river got crescent city bank and trust new orleans enough silt and clay particles to rise only slightly above the sea, becoming swamps. Areas farthest out received scanty deposition of the finest particles amid brackish tides, becoming grassy wetlands or saline marsh. The entire delta, under natural conditions, lay above sea level, ranging from a few inches along the coastal fringe to over a dozen feet high at the crest of the Mississippi River’s natural levee. Nature built lower Louisiana above sea level, albeit barely—and mutably.

Native peoples generally adapted to this fluidity, shoring up the land or moving to higher ground as floodwaters rose. But then European imperialists came to colonize. Colonization meant permanency, and permanency meant imposing engineering rigidity on this soft, wet landscape: levees to keep water out, canals to dry soil, and in time, pumps to push and lift water out of canals lined with floodwalls.

All this would take decades to erect and centuries to perfect. In the meantime, throughout the French and Spanish colonial eras, and under American dominion after the Louisiana Purchase in 1803, New Orleanians had no choice but to squeeze their booming metropolis onto those “two narrow strips of land” while eschewing the low-lying “canebrake [and] impenetrable marsh.” Folks hated every inch of that backswamp, viewing it as a source of miasmas, the cause of disease, and a constraint on growth and prosperity. One observer in 1850 unloaded on the wetlands: “This boiling fountain of death is one of the most dismal, low, and horrid places, on which the light of the sun ever shone. And yet there it lies under the influence of a tropical heat, belching up its poison and malaria . the dregs of the seven vials of wrath . covered with a yellow greenish scum.”

Only later people would learn that it was not miasmas but the invasive Aedes aegypti mosquito, brought in by transatlantic shipping, that caused diseases like yellow fever; that it was urban cisterns and poor sanitation that enabled mosquitoes to breed and feed mortgage loan credit union vs bank human blood; and that the “dismal, low” terrain actually aided the city by storing excess water, be it from the sky, the Mississippi River, the bay known as Lake Pontchartrain, or the Gulf of Mexico. It was not “horrid” but propitious that nobody lived in the backswamp, and that the technology to drain it was not available. And most importantly, that the “yellow greenish scum” lay above sea level.

Understandably, given the incompatibility of natural deltaic processes with urbanization, New Orleanians began erecting embankments along the river and digging drainage ditches within a year of the city’s foundation. One colonist described how settlers in 1722 were “ordained [to] leave all around [their city parcel] a strip at least three feet wide, at the foot of which a ditch was to be dug, to serve as a drain.” Outflow canals were excavated to speed drainage back toward the swamp, and in nearby plantations, ditches were dug to control soil water or divert river water to power sawmills.

Gravity was the main source of energy for these initial water projects, but in the early 1800s, steam power came into the picture. In 1835, the New Orleans Drainage Company began digging a network of urban ditches, using a steam-driven pump to push the runoff back out of Bayou St. John—with limited success. A similar pumping system was attempted in the late 1850s, only to be disrupted by the Civil War. In 1871, the Mississippi and Mexican Gulf Ship Canal Company dug 36 miles of ditches, including three major outfall canals, before it too went bankrupt.

It was becoming clear that draining New Orleans would best be stewarded by the public sector instead. Municipal engineers in the late 1800s cobbled together the extant network of gutters and ditches and, with the propulsion of some steam-driven pumps, were able to expel up to one-and-a-half inches of rainfall per day into surrounding water bodies.

That wasn’t nearly enough to drain the swamp, but it was enough to begin permanently altering the New Orleans’s land surface. We know this because in 1893, when the city finally got serious and funded expert engineers to figure out how to solve this problem, surveyors set out to map local elevations as had never been done before. The resulting topographical map of New Orleans (1895) would inform the engineering of what would become a world-class system.

The 1895 map also revealed something curious: The rear precincts of one downtown faubourg had, for the first time, dipped slightly below sea level. The sinkage would not bode well for things to come.

What was beginning to happen was anthropogenic soil subsidence—the sinking of the land by human action. When runoff is removed and artificial levees prevent the river from overtopping, the groundwater lowers, the soils dry out, and the organic matter decays. All this creates air pockets in the soil body, into which those sand, silt, and clay particles settle, consolidate—and drop below sea level.

Construction of the new drainage system began in 1896 and accelerated in 1899, when voters overwhelmingly approved a two-mill property tax to create the New Orleans Sewerage and Water Board. By 1905, 40 miles of canal had been excavated, hundreds of miles of pipelines and drains had been laid, and six pumping stations were draining up to 5,000 cubic feet of water per second. System efficacy improved dramatically after 1913, when a young engineer named Albert Baldwin Wood designed an enormous impeller pump that could discharge water even faster. Eleven “Wood screw pumps” were installed by 1915, and many are still in use today. By 1926, over 30,000 acres of land had been “reclaimed” via 560 miles of pipes and canals with a capacity of 13,000 cubic feet of water per second. New Orleans had finally conquered its backswamp.

The change in urban geography was dramatic. Within a decade or so, swampland became suburbs. Crescent city bank and trust new orleans values soared, tax coffers swelled, and urbanization sprawled onto lower ground toward Lake Pontchartrain. “The entire institutional structure of the city” reveled in the victory over nature, wrote John Magill, a local historian. “Developers promoted expansion, newspapers heralded it, the City Planning Commission encouraged it, the city built streetcars to service it, [and] the banks and insurance companies underwrote the financing.” The white middle class, eager to flee crumbling old faubourgs, moved into the new “lakefront” neighborhoods en masse, to the point of excluding black families through racist deed covenants. And in a rebuke of two centuries of local architectural tradition, new tract housing was built not raised on piers above the grade, but on concrete slabs poured at grade level. Why design against floods if technology has already solved that problem?

The change in topographic elevation was more subtle, but equally consequential. A city that had been entirely above sea level into the late 1800s, and over 95 percent in 1895, had by 1935 fallen to about 70 percent above sea level.

Subsidence continued even as more and more people moved into subsiding areas. While the vast majority of New Orleans’s 300,000 residents lived above sea level in the early 1900s, only 48 percent remained above the water in 1960, when the city’s population peaked at 627,525. That year, 321,000 residents lived on former swamp, over which time they dropped into a series of topographical bowls four to seven feet below sea level.

The average New Orleanian of this era perceived being below sea level as something of a local curiosity. Then as now, most folks did not understand that this was a recent man-made accident, or that it could become hazardous. But streets increasingly buckled and buildings cracked. When Hurricane Betsy ruptured levees and flooded the bottoms of four sunken urban basins in 1965, the curiosity became more of a crisis.

Soil subsidence made frightful headlines in the 1970s, when at least eight well-maintained houses in a suburban subdivision exploded without warning. “Scores of Metairie residents,” The New Orleans Times-Picayunereported, “wondered whether they are living in what amounts to time bombs.” The affected subdivision, low-lying to begin with and positioned on an especially thick layer of peat, had been drained just over a decade earlier. With so much “wet sponge” to dry out, the soils compacted rapidly and subsided substantially, cracking slab foundations. In some cases, gas lines broke and vapors leaked into the house, after which all it took was a flicked light switch or a lit cigarette to explode.

The emergency was abated through ordinances requiring foundational pilings and flexible utility connections. But the larger problem only worsened, as gardens, streets, and parks continued to subside, and those neighborhoods that abutted surrounding water bodies had to be lined with new lateral levees and floodwalls. Many of those and other federal structures proved to be under-engineered, underfunded, and under-inspected, and all too many failed in the face of Hurricane Katrina’s storm surge on August 29, 2005. The rest is topographic history, as seawater poured through the breaches and filled bowl-shaped neighborhoods with up to 12 feet of saltwater. Large-scale death and catastrophic destruction resulted, in part, from New Orleans having dropped below sea level.

What to do? Urban subsidence cannot be reversed. Engineers and planners cannot “reinflate” compacted soils if city dwellers jose luis baeza botello built lives upon them. But they can reduce and possibly eliminate future sinkage by slowing the movement of runoff across the cityscape crescent city bank and trust new orleans storing as much water as possible on the surface, thus recharging the groundwater and filling those air cavities. The Greater New Orleans Urban Water Plan, conceived by a local architect, David Waggonner, in dialogues with Dutch and Louisiana colleagues, lays out a vision of how such a system would work. But even if executed fully, the plan would not reverse past subsidence. This means that greater New Orleans and the rest of the crescent city bank and trust new orleans must be committed to maintaining and improving structural barriers to prevent outside water from pouring into “the bowl.”

To a degree, those resources arrived after Katrina, when the Army Corps of Engineers fast-tracked the design and construction of a unique-in-the-nation Hurricane and Storm Damage Risk-Reduction System. Costing over $14.5 billion and completed in 2011, “The Wall,” as folks call the sprawling complex, aims to keep those living inside secure from flooding from storms computed to have a 1 crescent city bank and trust new orleans chance of occurring in any given year—not the level of security needed, but an improvement nonetheless.

Yet, history shows that “walls” (that is, levees, embankments, floodwalls, and other rigid barriers) have gotten New Orleans into topographical trouble, even if they have also been essential to the viability of this 300-year-old experiment in delta urbanism. The city cannot rely on them alone. Are bmo banks open today biggest and most important part of assuring a future for this region is to supplement structural solutions with nonstructural approaches.

Louisiana’s coast has eroded by over 2,000 square miles since the 1930s, mostly on account of the leveeing of the Mississippi River and the excavation of oil, gas, and navigation canals—not to mention rising sea levels and intruding saltwater. Slowing that loss requires tapping into the very feature that built this landscape, the Mississippi River, by diverting its freshwater and siphoning its sediment load onto jonathan banks actor coastal plain, pushing back intruding saltwater and shoring up wetlands at a pace faster than the sea is rising.

Restored wetlands would serve to impede hurricane storm surges, reducing their height and power before reaching “The Wall,” and thus lessening the chances that they break through and inundate “the bowl.” A federally backed state plan by the Coastal Protection and Restoration Authority is now complete and approved, and some projects are underway. But the larger effort is a moonshot, costing at least $50 billion and possibly double that. Only a fraction of the needed revenue is in hand.

Meanwhile, inhabitants will have to raise their residences above base-flood elevation (a requirement to qualify for federal flood insurance). If finances allow, they might opt to live in the half of the metropolis that remains above sea level. Collectively, they might consider advocating for the Urban Water Plan, supporting coastal restoration efforts, and understanding the larger global drivers of sea-level rise.

They can also forswear draining any further wetlands for urban development. Let swamps and marshes instead be green with grass, blue with water, absorptive in the face of heavy rainfall, buffering in their effect on storm surges—and above sea level in their topographic elevation. When it comes to living being below sea level, New Orleanians have little choice but to adapt.

Источник: https://www.theatlantic.com/technology/archive/2018/02/how-humans-sank-new-orleans/552323/

Crescent City Bank and Trust Company

1984-11-13Institution established: Original name:Crescent City Bank and Trust Company1988-12-15Institution established: Original name:Omni Bank (27397)1988-12-15Failed. Acquired with government financial assistance and subsequently operated as part of Omni Bank (27397)1989-11-27Moved bank headquarters from NEW ORLEANS, LA to METAIRIE, LA2001-08-16Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED2008-06-20Acquired OMNI BANK of Baton Rouge (58202) in BATON ROUGE, LA2011-06-01Acquired Cameron State Bank (19541) in LAKE CHARLES, LA2011-06-01Merged into and subsequently operated as part of Iberiabank (28100) in LAFAYETTE, LA2012-08-01Acquired Florida Gulf Bank (57085) in FORT MYERS, FL2014-06-01Acquired Teche Federal Bank (29028) in NEW IBERIA, LA2014-07-01Acquired First Private Bank of Texas (58497) in DALLAS, TX2015-03-01Acquired Florida Bank (26280) in TAMPA, FL2015-04-01Acquired New Traditions Bank (58822) in Orlando, FL2015-04-01Acquired Old Florida Bank (24244) in ORLANDO, FL2015-06-01Acquired Georgia Commerce Bank (57521) in ATLANTA, GA2017-08-01Acquired Sabadell United Bank, National Association (21837) crescent city bank and trust new orleans MIAMI, FL2018-03-24Acquired Gibraltar Private Bank & Trust Co. (32212) in CORAL GABLES, FL2020-07-02Merged into and subsequently operated as part of First Horizon Bank (4977) in MEMPHIS, TN
Источник: https://www.usbanklocations.com/crescent-city-bank-and-trust-company-25747.shtml

Kean Miller Expands New Orleans Office

Kean Miller will crescent city bank and trust new orleans its New Orleans office to new space in First Bank and Trust Tower located at 909 Poydras. The firm has agreed to a long-term lease for nearly 31,000 square feet across two floors in one of downtown New Orleans' premier Class A office towers.
  News of the transaction was featured on NOLA.com and in New Orleans CityBusiness. 

"New Orleans is the fastest growing office in our firm. Our clients' needs are growing rapidly, and so are our firm’s space requirements.  We have experienced an explosion in the number of resources required to exceed our clients' expectations.  The development of a new, contemporary, collaborative workspace is essential to our future growth plans in the Crescent City," said Blane Clark, Kean Miller's Managing Partner. "We have recently added partners and associates from old-line New Orleans law firms, in addition to attracting lateral attorneys returning to post-Katrina New Orleans following stints with law firms in Texas and California."  Gary Horwitz, CEO of Hertz Investment Group added “This long term lease with one of the leading law firms in Louisiana for the top floors of First Bank and Trust Tower solidifies this building as one of finest office towers in the New Orleans market.” 


Kean Miller's New Orleans office design will reflect a bright, sophisticated space that accentuates the use of the latest business technology, while embracing the cultural character of New Orleans. Soon to be located on the 34th and 36th floors of First Bank & Trust Tower, the New Orleans space will include offices for each of the firm's 30+ attorneys in the market, as well as ample space for expansion as new attorneys arrive. The space will include a total of seven conference rooms on two floors with state-of-the-art audio and video conferencing capabilities in each room. Areas for collaborative projects and legal support activities will build on the firm’s team approach in a modern, comfortable environment.

Daylight and a southern vista will greet visitors in the main reception area of the firm's conference center, which will host meetings, training sessions, mock trials, social gathering, and community events. The space will also feature many of the stunning materials and technology highlighted in the firm's Baton Rouge crescent city bank and trust new orleans, which was redesigned in 2010.  

“Kean Miller’s decision to move into signature office space on the top floors in one of New Orleans finest office buildings shows a significant commitment to the First state community bank locations in missouri and State and demonstrates rapid and sustained growth for one of Louisiana’s long-standing law firms” said Bobby Talbot, president of Talbot Realty Group.  Bryan Burns of Transwestern added “This expansion by Kean Miller is another illustration of the continued vitality of the New Orleans market.  The most prominent law firms in the city have consistently grown and prospered as the New Orleans economy continues its renaissance.”  

Kean Miller was represented in the lease negotiations by Bobby Talbot, CCIM, of the New Orleans-based Talbot Realty Group.  First Bank and Trust Tower was represented by Bryan Burns of Transwestern.


About Kean Miller

With 137 attorneys, Kean Miller serves the legal needs of Louisiana businesses and Fortune 500 companies. The firm maintains offices in New Orleans, Baton Rouge, and Lake Charles, Louisiana.  The firm serves clients in numerous industries including energy, petrochemical and chemical, technology and telecommunications, transportation, media and advertising, financial services, insurance, gaming, government and education, healthcare, manufacturing, real estate, retail, construction and leasing.   The firm combines the talent and expertise of its lawyers into multi-disciplinary client and industry teams. These teams are comprised of seasoned legal professionals from a variety of disciplines who are equipped to identify legal and business needs and to develop superior service strategies that provide unmatched support to the client.

For more information, contact Steve Boutwell at 225.389.3736, or steve.boutwell@keanmiller.com

Источник: https://www.keanmiller.com/kean-miller-expands-new-orleans-office.html

Crescent Bank & Trust Information

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Professional and solid bank. Robert Ragasa at the Kamuela Branch was very helpful and professional. If you are looking for a solid bank: look no further.
Bank of Hawaii, Paia Branch
(5 / 5)
Rebeccaon Nov 27 2018
Stay away from this bank, they are Crooks! In the 3 years that I have been banking with Wells Fargo I have sent hundreds of wires out to foreign country’s and received some wires back to the US. When i received a wire for $21000 and they closed my account without any notice i then received a form email that they closed my account for receiving an unsolicited wire. The local bank manager just shrug his shoulders. Stay away from this bank they are fee crooks.
Wells Fargo Bank, Cornerstone Branch
(1 / 5)
Bob Zuckeron Nov 25 2018
Be careful when applying for a credit card here. Bank of America does not do good business and they don't seem to care about their customers. At the end of October, I applied for a card with 15 months 0% APR and $0 balance transfer fee that ended up being 18 months 0% APR and 3% balance transfer fee. They're saying I selected a different offer when requesting the transfer, trough their website. They've been awful to me ever since. Taught me a lesson to stick to the bigger, better companies who don't want to lose a customer over something as silly as this.
Bank of America, Gregory Branch
(2 / 5)
Alanaon Nov 23 2018
Excellent Five-star service!! Staff is friendly and professional (and very helpful). Never visited banks with such friendly people. Im looking forward to banking with Cathay bank. So far: Great job!!
Cathay Bank, Cerritos Valley Branch
(5 / 5)
Robert Pon Nov 23 2018
Never ever go to this bank, i went to cash out my check and received 100 dollar's short from my payment i was so mad they kept on that it was not their fault that the girl had give me the exact amount im like really, she must not know how to count because i was missing $100.00. and after 30 to 40 min later they realize they were over 100 dollars
Chelsea Groton Bank, West Main Street Branch
(1 / 5)
Yohannaon Jul 26 2018
Источник: https://www.bank-locations.us/crescent-bank-trust
Crescent Bank & Trust logo

Crescent Bank & Trust

Company Data

Address:1100 Poydras St, Ste 100, New Orleans, Louisiana, 70163, United States
Company revenue:$100 - 999 M

NAICS Code522110

SIC Code6021

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Frequently Asked Questions regarding Crescent Bank & Trust:

FAQ regarding Crescent Bank & Trust:

Where is Crescent Bank & Trust’s headquarters?

Crescent Bank & Trust’s headquarters is in 1100 Poydras St crescent city bank and trust new orleans New Orleans Louisiana 70163, United States

What is Crescent Bank & Trust’s phone number?

Crescent Bank & Trust’s phone number is (504)-556-5950

What is Crescent Bank & Trust’s official website?

Crescent Bank & Trust’s official website is cbtno.com

What is Crescent Bank & Trust’s revenue?

Crescent Bank & Trust’s revenue is $100 - 999 M

What is Crescent Bank & Trust’s SIC code?

Crescent Bank & Trust’s SIC code crescent city bank and trust new orleans 6021

What is Crescent Bank & Trust’s NAICS code?

Crescent Bank & Trust’s NAICS code is 522110

What is Crescent Bank & Trust’s industry?

Crescent Bank & Trust is in the industry: Finance

How many employees are working in Crescent Bank & Trust?

Crescent Bank & Trust has 501-1,000 employees

What is Crescent Bank & Trust’s tech stack?

Crescent Bank & Trust uses these technologies: jQuery, Google API, Google Analytics, PHP, Akamai CDN, NetDefend FirewallSee More

Источник: https://infotelligent.com/company/crescent-bank-&-trust/393051

Crescent Capital Group is a global alternative investment firm focused on below investment grade credit markets with primary strategies that include funds that invest in leveraged loans, high-yield bonds, mezzanine debt, special situations, and distressed securities. The firm has approximately $34-billion of assets under management and has made investments in over 190 companies since its inception as well as expanded into the European market with operations based in London.

The firm is based in Los Angeles. Since its founding in 1991, the firm has raised approximately $25 billion across seven funds.

TCW/Crescent maintains a strategic partnership with TCW Group, a leading institutional money management firm with approximately $180 billion in assets under management.

In 1991, former Drexel Burnham Lambert investment bankers Mark Attanasio, Robert D. Beyer and Jean-Marc Chapus founded Crescent Capital Corporation, a Dallas-based investment firm that invested in high yield bonds. After Drexel Burnham Lambert was forced into bankruptcy in February 1990 due to Michael Milken's involvement in the junk bond market, Attanasio and Chapus stayed behind to manage the bankruptcy estate. Drexel had $2 billion of high-yield securities, which gave them the largest distressed portfolio in the country at the time. Based on their successful experience with the Drexel estate, the founders organized Crescent Capital as an asset manager in 1991 to provide capital to middle-market companies and to manage distressed portfolios. Attanasio sold Crescent to the Trust Company of the West, an investment firm based in Los Angeles, in 1995. After the sale of Crescent, Attanasio remained a senior partner and chief investment officer of the firm's leveraged finance and mezzanine capital group.

Highest paying job titles at Crescent Bank & Trust, Inc include Major Market Sales Executive, Branch Manager, and Business Intelligence Engineer

Источник: https://www.theladders.com/company/cbtno-jobs

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5 Replies to “Crescent city bank and trust new orleans”

  1. Why do these BOA employees still have authority from BOA to disrespect clients on behalf of BOA?

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