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City National to Open New Branches in Brentwood and Pacific Palisades

/ Source: GlobeNewswire

BRENTWOOD, Calif., April 4, 2011 (GLOBE NEWSWIRE) -- City National Bank, California's Premier Private and Business Bank®, today opened a new full-service branch in Brentwood and will open another branch in the Pacific Palisades in May, growing its total number of branches in three states to 78.

The new branches will offer City National's full range of financial capabilities, including preferred banking, business banking and wealth management services for individuals and their businesses. The two branches also will provide 24-hour ATM service and convenient parking for clients. They will be open regular business hours on Monday through Friday and on Saturday, from 10:00 a.m. to 2 p.m.

"City National has been serving West Los Angeles for 57 years," said Kevin Dunigan, executive vice president of the company's Core Banking Division, "and these two new offices on the Westside will further strengthen our ability to meet the financial needs of local small and mid-sized companies, entrepreneurs, professionals and their families."

With assets of more than $21 billion, City National is the largest commercial bank headquartered in Los Angeles. In 2010, the company added 11 offices, including eight in California.

The Brentwood office opened today, and the Pacific Palisades branch is scheduled to open in late May. They will give City National a total of 33 offices in Los Angeles County.

In Brentwood, the new branch manager is Ghalib Dhalla, who has more than 15 years of banking experience. Dhalla most recently worked at Cal National Bank in Santa Monica and previously was with California Bank & Trust in Century City. He will be joined by Client Services Manager Marian Coleman and Relationship Manager Britt Halliday. The branch address is 11677 San Vicente Blvd., Los Angeles, CA 90049. Its telephone number is 310-855-7972.

The Pacific Palisades branch manager will be Bob Martinez, a vice president and manager who has nearly 25 years of banking experience. He most recently served as the regional manager of Cal National Bank where he had responsibility for the Pacific Palisades office as well as offices in Torrance and Palos Verdes. He will be joined by Client Services Manager Marie Pascual and Client Services Officer Lois Globnik. The branch address is 1012 Swarthmore Avenue, Pacific Palisades, CA 90272.

Both branch managers will oversee 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.

For a picture of Dhalla go to:

For a picture of Martinez go to:

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 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.

The City National Bank logo is available at

For more information about City National, visit the company's Website at

CONTACT: Media Contact: Debora Vrana, City National Bank, 213.673.7631