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LOS ANGELES, March 18, 2013 (GLOBE NEWSWIRE) -- City National Bank has won seven excellence awards for business banking and treasury management from Greenwich Associates, a leading global financial services research and consulting firm.
"City National Bank has specialized in serving small and mid-sized companies for nearly 60 years, and we're gratified to be recognized by Greenwich Associates as one of the nation's top banks," said City National Bank President Chris Warmuth. "These awards affirm our value proposition -- our ability to combine the personal service of a local bank with the wide array of capabilities typically associated with larger banks."
City National's business banking services received awards in the following categories:
Overall satisfaction (national and regional awards)
Likelihood to recommend
City National was also recognized for excellence in treasury management. The bank received national and regional awards for overall satisfaction with treasury management as well as an award for client service.
For these annual awards, Greenwich Associates evaluated more than 750 banks, and fewer than 5 percent of those eligible received an award. Results were based on interviews of more than 35,000 executives at small and mid-sized businesses with sales of $1 million to $500 million.
Business Banking Services
City National's comprehensive small business and commercial banking services include loans and lines of credit; business deposit and treasury management services; international banking and foreign exchange; and check and Visa
® commercial credit cards. The bank is a preferred lender under the U.S. Small Business Administration and SBA
City National provides its expertise in a wide range of segments, including entertainment, manufacturing and distribution as well as professional services, including accounting, healthcare and law firms.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $28.6 billion in total assets, and provides banking, investment and trust services through 78 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. The company and its investment affiliates manage or administer $56.7 billion in client investment assets, including $38.2 billion under direct management.