PALO ALTO, Calif.--(BUSINESS WIRE)--Oct. 19, 2000--
City National Bank Names JoAnn Gast and Sally Rumsey
as Branch Manager and Client Services Officer, Respectively,
to Serve Silicon Valley Area
City National Bank (NYSE:CYN), California's premier private andbusiness bank, today named JoAnn Gast and Sally Rumsey vicepresident/branch manager and assistant vice president/client servicesofficer, respectively, in its newly opened Palo Alto Banking Office.
The opening of a full-service office in Palo Alto last monthmarked City National's continued expansion into Northern Californiaand its dedication to the unique needs of Silicon Valley's successfulcompanies and entrepreneurs.
"Both JoAnn and Sally are well respected within the community andbanking industry and bring a distinguished track record of qualityclient service to the Palo Alto Office," said Bob Brant, executivevice president and Northern California regional manager. "As CityNational continues its expansion in Northern California and the PaloAlto/Silicon Valley area, they will play a vital role in deliveringthe bank's well-known brand of highly personalized,relationship-oriented private and business banking to the region."
Gast comes to City National with more than 30 years of bankingexperience in a broad range of positions. As vice president/branchmanager of the Palo Alto Banking Office, her responsibilities willinclude overall branch management and business development.
Prior to joining City National, Gast served for four years asMenlo Park branch manager/private banking deposit officer for ComericaBank California. She has held a variety of local positions with WellsFargo Bank, including branch service manager, private banking depositofficer, and senior personal banking officer.
A long-time resident of San Mateo, Gast taught banking programsfor eight years at San Mateo Community College and is active in manycommunity organizations. She is a member of the Menlo Park Chamber ofCommerce and has served as a classroom instructor for JuniorAchievement, among many other accomplishments.
Rumsey, also a 30-year veteran of the banking industry, comes toCity National from Mid-Peninsula Bank where she served as serviceofficer. As assistant vice president/client service officer of thePalo Alto Banking Office, Rumsey will oversee day-to-day branchoperations.
Rumsey began her career at Wells Fargo Bank where she served asassistant operations officer. She spent several years with ComericaBank, where she was branch assistant. Prior to joining City NationalBank, Rumsey was a service officer for Mid-Peninsula Bank. She isactively involved in numerous community support activities.
City National's Palo Alto Banking Office provides a full range ofbusiness and individual lending services and products and paysparticular attention to serving the needs of emerging growth companiesand their management teams. In recent years, City National Bank hasestablished itself as a primary provider of financial services andproducts to some of California's leading technology companies andsuccessful entrepreneurs associated with those firms.
City National Bank's Palo Alto office is located at 525 UniversityAvenue and can be reached by calling 650/566-3060.
About City National
City National Corporation is a publicly owned corporation with$8.9 billion in total assets whose stock is traded on the New YorkStock Exchange under the symbol "CYN." The corporation's wholly ownedsubsidiary, City National Bank, is the premier independent private andbusiness bank with headquarters in California. City National Bank,which provides banking, trust and investment services, has 50California offices located throughout Los Angeles, Orange, Riverside,San Bernardino, San Diego, San Francisco, San Mateo, Santa Clara andVentura counties. In addition, the bank's trust and investmentdivision, City National Investments, has $16.7 billion in assets undermanagement or administration. For more information about theCorporation visit the Web page at cnb.com.
|CONTACT:||City National Bank|
|Kim George, 310/888-6665|
|Denis Wolcott, 213/891-2822, ext. 220|