LOS ANGELES, Oct 31, 2007 (PrimeNewswire via COMTEX News Network) - City National Bank, California's Premier Private and Business Bank(r), today announced that it will lower its prime lending rate from 7.75 percent to 7.50 percent, effective October 31, 2007.

About City National

City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $15.5 billion in total assets, and provides banking, investment and trust services through 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its nine majority-owned investment affiliates manage or administer more than $59 billion in client investment assets, including $37.1 billion under direct management.

For more information about City National, visit the company's Website at cnb.com.

The City National Bank logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3143

This news release was distributed by PrimeNewswire, www.primenewswire.com

SOURCE: City National Bank

City National Bank
Investors:
Christopher J. Carey
310.888.6777
Chris.Carey@cnb.com
Media:
Cary Walker
213.673.7615
Cary.Walker@cnb.com