LOS ANGELES--(BUSINESS WIRE)--Oct. 30, 2000--City National Bank(NYSE:CYN) today announced the appointment of Randy Irwin to seniorvice president and team leader of its Agribusiness Unit's growingdairy group.
In this new position, Irwin will be responsible for growing CityNational's portfolio of fluid-milk-producing clients as well asoverseeing dairy-industry relationships throughout the state, with aparticular emphasis on growth in Tulare County. He will report to JimRobinson, executive vice president and manager for the Inland Empireregion at City National Bank, a veteran banker who has been financingagriculture and dairy companies in California for nearly 40 years.
"City National Bank has become an important player in California's$24.6 billion agribusiness market," said Robinson. "Randy is theperfect individual to lead our expansion into new dairy markets. He grew up in the Central Valley and is well established in the dairycommunity."
Irwin will be based in Tulare County, which has become a hub ofCalifornia's dairy industry with the most cattle and productionfacilities in the state. Irwin will oversee City National's dairyteam, which serves clients in the Central Valley and SouthernCalifornia dairy markets.
Irwin brings to the company nearly 20 years' experience andexpertise working with agriculture and dairy companies throughoutCentral California. He joins City National from Wells Fargo Bank,where, in his capacity as vice president and relationship manager, heserved as the bank's primary contact for its portfolio of dairyaccounts.
Irwin, who earned a bachelor of science degree in animal sciencefrom California State University, Fresno, was born and raised in theTulare area.
City National Bank provides a broad range of banking services andfinancing alternatives to farmers, dairymen, growers, wholesalers andthe entire agriculture industry. Specialty lending services providedby the bank include crop financing, agricultural-equipment lending andwarehouse financing.
City National Bank can also address the unique seasonal and annualfinancing needs of wholesalers, brokers and shippers dealing withproduce by providing lines of credit.
The Agribusiness Unit also provides commercial lending, cashmanagement, international services and investment management for everylevel of agribusiness, from dairy lending and direct crop lending togrowers, packers, shippers and wholesale distributors.
About City National
City National Corp. is a publicly owned corporation with $8.9billion in total assets whose stock is traded on the New York StockExchange under the symbol "CYN."
The corporation's wholly owned subsidiary, City National Bank, isCalifornia's premier private and business bank, with 50 offices in LosAngeles, Orange, Riverside, San Bernardino, San Diego, San Francisco,San Mateo, Santa Clara and Ventura counties. In addition, the bank'strust and investment division, City National Investments, has $16.7billion in assets under management or administration.
For more information about the corporation, visit its Web page athttp://www.cnb.com.
Note to Editors: Photo available upon request.
|CONTACT:||City National Bank, Los Angeles|
|Kim George, 213/833-4715|
|Stoorza Communications, San Diego|
|Mehera Wohltmann, 619/236-1332, ext. 230|