LOS ANGELES, Dec 13, 2005 (BUSINESS WIRE) - City National Bank, California's Premier Private andBusiness Bank(R), today announced that it will raise its prime lendingrate from 7.00 percent to 7.25 percent, effective December 13, 2005.
About City National
City National Corporation (NYSE:CYN) is a financial servicescompany with $14.4 billion in total assets. Its wholly ownedsubsidiary, City National Bank, provides banking, investment, andtrust services through 55 offices, including 12 full-service regionalcenters, in Southern California, the San Francisco Bay Area, and NewYork City. City National and its affiliates manage or administerapproximately $38.8 billion in client trust and investment assets,including more than $18.4 billion under direct management.
For more information about City National, visit the company'sWebsite at www.cnb.com.
SOURCE: City National Bank
City National Bank
Christopher J. Carey,