updated 2/11/2011 5:16:20 PM ET 2011-02-11T22:16:20

SAN JOSE, Calif., Feb. 11, 2011 (GLOBE NEWSWIRE) -- City National Bank, California's Premier Private and Business Bank®, has appointed Jaime G. Chavez as vice president and manager of its new San Jose Banking Office, located at One Almaden Blvd., in the heart of downtown San Jose.

The San Jose branch, which will eventually be known as the San Jose Regional Center, is City National's 11th branch in Northern California and was acquired last year from First Bank, headquartered in St. Louis, Mo. The new branch opens on Feb. 14 and is City National's second branch in San Jose.

Chavez will oversee the delivery of the bank's full range of financial products and services, including small business services; Small Business Administration, business and consumer loans; cash management; deposit; international banking; and foreign exchange. He will also manage the office's customer service and business development efforts, especially with community organizations.

With more than 20 years of experience in the financial services industry, Chavez most recently served as a relationship sales manager for GE Capital in San Jose. Before that, he was with Bank of America for 13 years and served as a senior vice president and card relationship sales executive in San Francisco.

"Chavez will join a growing team of City National colleagues in San Jose who will offer our unique brand of highly tailored banking and wealth management solutions to entrepreneurs, professionals, and small and mid-size businesses in San Jose and the Silicon Valley," said Robert Brant, executive vice president and Northern California regional executive.

City National is the second largest independent bank headquartered in California, and it has grown steadily in the Bay Area since 2000. Today, the company circles the Bay with 11 offices --- three in San Francisco, two in San Jose and one each in Burlingame, Palo Alto, Fremont, San Leandro, Oakland and Walnut Creek. The company opened its first San Jose branch in 2009.

About City National

City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $21.4 billion in total assets, and provides banking, investment and trust services through 75 offices, including 17 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its investment affiliates manage or administer $58.5 billion in client investment assets, including nearly $37 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: Media Contact:
         Debora Vrana, City National Bank, 213.673.7631

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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