LOS ANGELES, June 24, 2008 (PRIME NEWSWIRE) - City National Bank, California's Premier Private and Business Bank(r), has named James E. Wullschleger as senior vice president and director of Business Banking. In that position, he is responsible for marketing and directing the delivery of a full range of financial products and services to California businesses with annual sales of $1 million to $10 million.
(For an image of Wullschleger, go to http://www.cnb.com/images/photos/james-wullschleger.jpg).
Wullschleger, a 30-year banking veteran, reports to Kevin Dunigan, executive vice president in charge of the bank's Core Banking Division.
Jim's extensive experience in business banking - from business development to portfolio management - will enhance our ability to develop and deliver to our clients the types of products and services they need most, said Dunigan. He will play an equally important leadership role in creating and implementing the marketing strategies that will help us promote them to this key segment.
Prior to joining City National, Wullschleger served as a senior vice president with First Bank, where he oversaw corporate banking and small business banking. From 2001 until 2003, he was vice president and manager of Manufacturers Bank's Business Banking Center. From 1985 until 2001, he held increasingly senior responsibilities encompassing business development, commercial and small business lending, loan center operations and portfolio management at both Sanwa Bank California and Coast Bank. Before that, he was an assistant vice president at Bank of America.
A resident of La Palma, Calif., he earned a bachelor's degree in finance from California State University, Long Beach and attended the University of Washington's Pacific Coast Banking School.
Wullschleger serves as loan committee chairman of the Pacific Coast Regional Small Business Development Corporation. He also is a member of the Long Beach State Athletic Foundation and Long Beach Rotary, and is active with the Continental Little League in La Palma.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $15.9 billion in total assets, and provides banking, investment and trust services through 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its eight majority-owned investment affiliates manage or administer nearly $56 billion in client investment assets, including $35.9 billion under direct management.
For more information about City National, visit the company's Web site at cnb.com.
The City National Bank logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3143
CONTACT: City National Bank