LOS ANGELES--(BUSINESS WIRE)--Dec. 14, 2004--City National Bank,the second largest independent bank headquartered in California, todayannounced that it will raise its prime lending rate from 5.00 percentto 5.25 percent effective December 14, 2004.
About City National
City National Corporation (NYSE:CYN) is a financial servicescompany with $14 billion in total assets. Its wholly owned subsidiary,City National Bank, is the second largest independent bankheadquartered in California. As California's Premier Private andBusiness Bank(R), City National provides banking, investment and trustservices through 52 offices, including 12 full-service regionalcenters, in Southern California, the San Francisco Bay Area and NewYork City. The company and its affiliates manage more than $15 billionof client trust and investment assets. Assets under management oradministration amount to more than $33 billion.
For more information about City National, visit the company'sWebsite at cnb.com.
CONTACT: City National Bank
Christopher J. Carey, 310-888-6777 (Investors)
Cary Walker, 213-833-4715 (Media)
SOURCE: City National Bank