City National Bank, currently located at 1012 Swarthmore Ave., will move to 843 Via de la Paz in early 2017. The new 1,500-sq.-ft.location (next to Rodeo Realty) was formerly used for office space.
“City National Bank is committed to serving our clients in Pacific Palisades,” said Scott Witter, executive vice president and division manager of the company’s Core Banking Division. “We are thrilled to sign a new lease that will enable us to continue meeting the financial needs of local small and mid-sized companies, entrepreneurs, professionals and their families in the area.”
City National Bank, which opened in 2011, will remain at Swarthmore Avenue through 2016, providing valet parking to customers during current construction of the Palisades Village.
City National Bank, which has $41.2 billion in assets, has 74 offices in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. In addition, the company and its investment affiliates manage or administer $55.7 billion in client investment assets.
It is a subsidiary of Royal Bank of Canada (RBC), one of North America’s leading diversified financial services companies, serving more than 16 million personal, business, public sector and institutional clients through offices in Canada, the United States and 36 other countries.
Visit: cnb.com.
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