About Us | City National Bank (2024)

FAQs

What is City National Bank known for? ›

CNB has been dubbed the "Bank to the Stars" due to its extensive relationships with numerous Hollywood entertainment industry clients, and deals with many exclusive and premier clients from various media, including television, film, theater and the arts.

Our company has assets of more than $93.72 billion and is an FDIC member bank. City National is a subsidiary of Royal Bank of Canada (RBC), one of North America's leading diversified financial services companies. RBC has a strong capital position and strong capital ratios.

City National Bank is a subsidiary of Royal Bank of Canada with more than $96 billion in assets. That makes it the 33rd largest U.S. bank, according to the Federal Reserve.

The bank does not issue applications. Submit to Lawton, OK headquarters with mail or online or submit at a bank branch. Phone interview of basics then mailed packet to begin potential background check, credit check, and drug test.

Royal Bank of Canada

RBC USA Holdco Corporation

Your money is safe. A money market account at a FDIC-insured bank is protected by the federal government up to $250,000 per depositor, per institution and per account type. That means it can be a safe place for your savings.

Last year, City National paid $31 million to settle a U.S. Justice Department lawsuit that accused the bank of violating federal housing and banking discrimination laws in Los Angeles County by avoiding loans to buyers of homes in neighborhoods that are majority Black or Latino.

City National Bank of Florida is an FDIC insured institution and not a broker dealer. Bci Securities, Inc. is a registered broker dealer and insured by SIPC.

The downfall of National City began in 2007 when the United States housing bubble began to burst, and consumers defaulted on subprime mortgages.

City National Bank has shuffled its top leadership team, recruiting banking veteran Howard Hammond as CEO while Kelly Coffey shifts to a new role as CEO of City National Entertainment.

What is the strength of City National Bank? ›

Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.3 on a scale of 0 to 10).

Los Angeles, CA

City National Bank / Headquarters

Many banks and financial institutions use a standard 5-panel urine drug test, which screens for marijuana, cocaine, opiates, amphetamine, and phencyclidine (PCP). Some financial institutions may elect for a more comprehensive drug test, which screens for additional substances.

Private employers may set any workplace policy they choose. Federal and state laws limit drug testing during the hiring process.

While US Bank does not require its employees to pass a pre-employment drug test, they do not tolerate any drug possession or usage during work. Because of this, if management suspects that you may be on drugs, they can drug test you and then periodically do so after the initial test as well.

In 1967, First National City Bank reorganized as a one-bank holding company, First National City Corporation, or "Citicorp" for short. However, the bank had been nicknamed "Citibank" since the 1860s, when City Bank of New York adopted it as an eight-letter wire code address.

PNC Financial Services acquired National City Corporation in October 2008.

In 2008, PNC acquired National City Bank, Cleveland's oldest bank known for its commercial leadership, service to its customers, and its contributions to the community. As PNC upholds the core values of National City, it will also preserve the documents that tell its story.

At the time, federal regulations did not allow banks to have banking centers. In turn, the partners established various small, community banks under the City National Bank name. When regulations allowed, all City National Bank locations merged into one City National Bank of Florida name.