LOS ANGELES--(BUSINESS WIRE)--May 10, 2006--City National Bank,California's Premier Private and Business Bank(R), today announcedthat it will raise its prime lending rate from 7.75 percent to 8.00percent, effective May 10, 2006.
About City National
City National Corporation (NYSE:CYN) is a financial servicescompany with $14.7 billion in total assets. Its wholly ownedsubsidiary, City National Bank, provides banking, investment and trustservices through 55 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 $40 billion in client trust and investment assets, including morethan $19 billion under direct management.
For more information about City National, visit the company'sWebsite at cnb.com.
CONTACT: City National Bank
Christopher J. Carey, 310-888-6777
Cary Walker, 213-833-4715
SOURCE: City National Bank