New Branch Expands the Bank's Bay Area Network
SAN FRANCISCO, April 6, 2009 (GLOBE NEWSWIRE) - City National Bank, California's Premier Private and Business Bank(r), today opened its new Montgomery Street banking office, located in the heart of the city's financial district at 100 Montgomery Street in downtown San Francisco.
The 3,000-square-foot branch offers a full range of financial services, including commercial, consumer and real estate loans; cash management; deposit; international banking; and foreign exchange. It features an exterior ATM vestibule as well as a night depository.
Business hours are 9 a.m. until 4 p.m., Monday through Thursday, and 9 a.m. until 5 p.m. on Friday.
"The new Montgomery Street banking office strengthens our competitive presence in San Francisco and reflects our continuing growth in the Bay Area," said Robert Brant, executive vice president and Northern California regional executive. "It brings us even closer to our clients and expands our ability to meet the banking and investment needs of entrepreneurs, professionals and small and mid-size businesses in the region."
City National, one of the nation's strongest banks, has served the city for nearly a decade. Its other downtown branch, called San Francisco Financial Center, is part of the full-service San Francisco Regional Banking Center, which is located at 150 California Street. The bank now has eight branches in the Bay Area.
Joseph Sedillo, senior vice president and manager of the San Francisco Financial Center, also oversees the new Montgomery Street banking office. The branch team includes David Ryan, vice president and relationship manager, and Tibor Mueller, assistant vice president and relationship manager.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $16.5 billion in total assets, and provides banking, investment and trust services through 63 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 $47.5 billion in client investment assets, including nearly $31 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.globenewswire.com/newsroom/prs/?pkgid=3143
CONTACT: City National Bank Media Contact: David Garcia 213.673.7610 email@example.com