City National Bank Names Rick Bechtel as Head of Mortgage & Residential LendingLOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- City National Bank announced today that Rick Bechtel has joined the bank as executive vice president and head of mortgage & residential lending. Bechtel brings with him more than 30 years of experience in the residential lending industry with expertise in building and optimizing mortgage, home equity and consumer lending businesses. Bechtel will be based in Los Angeles, reporting to David Cameron, executive vice president and head of consumer at City National Bank.
City National Bank Names Adey Tesfaye as Head of Community Reinvestment Act (CRA) DepartmentLOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- City National Bank has named Adey Tesfaye as the new head of its Community Reinvestment Act (CRA) department.
City National Bank Vice Chairman of Entertainment Banking to RetireVeteran banker Martha Henderson to step down after 40 years of service to the entertainment industry
City National Bank Announces New CEOHoward Hammond Named Chief Executive of City National; Kelly Coffey Named Chief Executive of City National Entertainment
RBC announces $100,000 donation to support Maui wildfire relief effortsNEW YORK and LOS ANGELES and MINNEAPOLIS and TORONTO, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Royal Bank of Canada (RBC) announced today that it is donating $100,000 to assist with relief efforts following the devastating wildfires in Maui. The donation includes contributions from City National Bank, the RBC Foundation USA (funded by RBC Capital Markets and RBC Wealth Management) and Royal Bank of Canada.
City National Bank to Increase its Prime Interest Rate to 8.50%LOS ANGELES, July 26, 2023 (GLOBE NEWSWIRE) -- City National Bank announced today that it will increase its prime lending rate from 8.25% to 8.50%, effective July 27, 2023.
City National Bank Releases 2022 “Our Impact” ReportReport highlights the bank’s efforts to create economic opportunity, advance diversity and promote renewable energy
City National Bank to Increase its Prime Interest Rate to 8.25%LOS ANGELES, May 03, 2023 (GLOBE NEWSWIRE) -- City National Bank announced today that it will increase its prime lending rate from 8.00% to 8.25%, effective May 4, 2023.
City National Bank to Increase its Prime Interest Rate to 8.00%LOS ANGELES, March 22, 2023 (GLOBE NEWSWIRE) -- City National Bank announced today that it will increase its prime lending rate from 7.75% to 8.00%, effective March 23, 2023.
City National Bank to Increase its Prime Interest Rate to 7.75%LOS ANGELES, Feb. 01, 2023 (GLOBE NEWSWIRE) -- City National Bank announced today that it will increase its prime lending rate from 7.50% to 7.75%, effective Feb. 2, 2023.
Martha Henderson Becomes Vice Chairman of Entertainment Banking at City National BankCity National Promotes JaHan Wang to Executive Vice President of Entertainment Banking
City National Bank to Increase its Prime Interest Rate to 7.50%LOS ANGELES, Dec. 14, 2022 (GLOBE NEWSWIRE) -- City National Bank announced today that it will increase its prime lending rate from 7.00% to 7.50%, effective Dec. 15, 2022.
City National Bank Names Vanessa Montañez to Newly-Created Role of Community Lending National Sales ManagerLOS ANGELES, Nov. 17, 2022 (GLOBE NEWSWIRE) -- City National Bank today announced that Vanessa Montañez, D.E.L, was named the bank’s first community lending national sales manager. In this new role, she will create and manage a team that is responsible for building strategies and programs to expand mortgage lending to serve historically underserved borrowers through community outreach and financial education. Reinforcing City National’s commitment to serving underserved communities, the team will develop a community loan program aimed to increase homeownership that will start in California and expand to all the communities the bank serves. She will also focus on strengthening partnerships by building relationships with nonprofits and community organizations by working closely with the bank’s Community Reinvestment Act team to provide grants to community-based organizations that offer credit, financial education, homeownership counseling, and foreclosure prevention services nationwide.
City National Bank to Increase its Prime Interest Rate to 5.50%LOS ANGELES, July 27, 2022 (GLOBE NEWSWIRE) -- City National Bank announced today that it will increase its prime lending rate from 4.75% to 5.50%, effective July 28, 2022.
City National Bank Honored by J.D. Power With Customer Satisfaction Award for Fourth Time in Five Years
City National Bank received the highest ranking in customer satisfaction in the North Central Region in the J.D. Power 2022 U.S. Retail Banking Satisfaction Study, claiming the top honor in its region for the fourth time in five years. City scored higher than all other banks in West Virginia, Kentucky, Ohio, Indiana and Michigan.
