LOS ANGELES--(BUSINESS WIRE)--Nov. 10, 2004--City National Bank(NYSE:CYN), the second largest independent bank headquartered inCalifornia, today announced that it will raise its prime lending ratefrom 4.75 percent to 5.00 percent effective Wednesday, November 10,2004.
About City National
City National Corporation is a financial services company with $14billion in total assets. Its wholly owned subsidiary, City NationalBank, is the second largest independent bank headquartered inCalifornia. As California's Premier Private and Business Bank(R), CityNational provides banking, investment and trust services through 52offices, including 12 full-service regional centers, in SouthernCalifornia, the San Francisco Bay Area and New York City. The companyand its affiliates manage more than $15 billion of client trust andinvestment assets. Assets under management or administration amount tomore than $33 billion.
For more information about City National, visit the company'sWebsite at http://cnb.com.
CONTACT: City National Bank
Christopher J. Carey, 310-888-6777 (Investors)
Cary Walker, 213-833-4715 (Media)
SOURCE: City National Bank