LONG BEACH, Calif.--(BUSINESS WIRE)--Sept. 11, 2000--City NationalBank today announced it will open a Private Banking Center on October2 to serve a growing number of private banking clients throughout theSouth Bay area of metropolitan Los Angeles.
The South Bay Private Banking Center, located at 11 Golden Shorein Long Beach with a satellite office at 6033 W. Century Blvd. nearLos Angeles International Airport, expands City National's statewidenetwork of private banking offices to six.
City National Bank has offered premier private banking services tomany of the state's most affluent and successful individuals since thefinancial institution's inception more than 45 years ago. Recently,City National has been expanding its service and opened specializedPrivate Banking Teams in Orange, San Diego and Los Angeles countiesand most recently in San Francisco.
"With the addition of this office, City National is delivering tothe entire South Bay area our proven formula and expanded capabilitiesfor premier private banking," said Dallas Haun, executive vicepresident for the South Coast Region. "City National's decades ofexperience in providing innovative financial solutions will set thebenchmark for private banking services in this region."
Nancy Mann has been named vice president and manager of privatebanking for the South Bay Private Banking Office. Formerly serving asa senior relationship manager for the Long Beach Commercial BankingCenter, Mann and her team are working to service the private bankingclient base throughout the South Bay area and Long Beach.
"Nancy Mann brings extensive banking knowledge and a highlydeveloped understanding of the needs of professionals," said Haun."She is committed to quality customer service and delivering creativesolutions to meet the needs of our private banking clients."
California's premier private and business bank, City Nationalprides itself on providing a unique brand of personalized,relationship-oriented banking services and products. City National'shighly successful private banking teams serve the asset management andcredit needs of affluent individuals and successful entrepreneursthroughout California.
"The South Bay/Long Beach region has great potential for buildingan outstanding private banking client base. The area is concentratedwith firms, non-profit organizations, hospitals, companies andentrepreneurial ventures that can readily benefit from the services ofour new private banking center," said Mann.
The South Bay Private Banking Center can be reached by calling562/624-8670.
About City National
City National Corporation is a publicly owned corporation with$8.7 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 California's premier private andbusiness bank, with 50 offices in Los Angeles, Orange, Riverside, SanBernardino, Ventura, San Diego, San Francisco and San Mateo counties.In addition, the bank's trust and investment division, City NationalInvestments, has $15.5 billion in assets under management oradministration.
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