LOS ANGELES, April 14, 2008 (PRIME NEWSWIRE) - City National Bank has appointed Salvador Mendoza as senior vice president and manager of its Community Reinvestment Department, which monitors and reports on the bank's Community Reinvestment Act (CRA) lending, investment and service programs.
Mendoza, who most recently served as vice president and manager of the Community Reinvestment Department, directs the bank's CRA loan development and marketing efforts and community outreach initiatives conducted by City National's banking offices in California. He also oversees research and development assistance for the bank's Hispanic new business development and outreach initiative.
"Sal has played a key leadership role in helping City National strengthen our relationships with local community development organizations," said Kevin Dunigan, executive vice president. "Those efforts have enabled us to create innovative ways for taking our local community reinvestment and economic development initiatives to the next level."
Mendoza began his banking career in 1982 as an affirmative action officer in the bank's Human Resources Department and later served in a variety of business banking, community reinvestment and CRA sales positions.
He has held other positions with Countrywide Insurance Services, Citibank and Union Bank of California, where he had a variety of community reinvestment responsibilities.
Mendoza is chairman of the board of directors of the Los Angeles Neighborhood Housing Services, the largest, non-profit affordable homeownership provider in Southern California. He also is a member of the boards of directors of CHARO Community Development Corporation and the San Fernando Financial Development Corporation.
He earned a bachelor's degree in business and social science from California State Polytechnic Institute in Pomona, Calif., and a human resources management certificate from the University of California, Los Angeles.
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 $59 billion in client investment assets, including $37.3 billion under direct management.
For more information about City National, visit the company's Website at cnb.com.
The City National Bank logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3143
CONTACT: City National Bank