LOS ANGELES, Aug 10, 2004 (BUSINESS WIRE) - City National Bank,the second largest independent bank headquartered in California, todayannounced that it will raise its prime lending rate from 4.25 percentto 4.50 percent effective today, August 10, 2004.
About City National
City National Corporation (NYSE:CYN) is a financial servicescompany with $13.5 billion in total assets. Its wholly ownedsubsidiary, City National Bank, provides banking, investment and trustservices through 53 offices, including 12 full-service regionalcenters, in Southern California, the San Francisco Bay Area and NewYork City. The company and its affiliates manage or administer morethan $31 billion of client trust and investment assets.
For more information about City National, visit the company'sWebsite at cnb.com.
SOURCE: City National Bank
City National Bank
Christopher Carey, 310-888-6777
Linda Mueller, 213-833-4719