LOS ANGELES--(BUSINESS WIRE)--Aug. 9, 2005--City National Bank(NYSE: CYN), the second largest independent bank headquartered inCalifornia, today announced that it will raise its prime lending ratefrom 6.25 percent to 6.50 percent, effective August 9, 2005.
About City National
City National Corporation (NYSE: CYN) is a financial servicescompany with $14.5 billion in total assets. Its wholly ownedsubsidiary, City National Bank, provides banking, investment and trustservices through 54 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 $17 billionof client trust and investment assets. Assets under management oradministration amount to $37 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) firstname.lastname@example.org Cary Walker, 213-833-4715 (Media) email@example.com SOURCE: City National Bank