Introduction to City National Corporation
City National Corporation, headquartered in Los Angeles, California, stands as a premier financial services holding company and parent of City National Bank, one of the nation’s leading private and commercial banks. With a rich history spanning over 65 years, City National Corporation has earned a reputation for delivering personalized, high-touch banking solutions to individuals, businesses, and institutions. The corporation’s focus on relationship-driven banking, combined with its sophisticated treasury management, wealth planning, and capital market capabilities, positions it as a cornerstone of the American financial landscape. Recognized for its stability, innovation, and commitment to client success, City National Corporation serves as a trusted partner for companies ranging from emerging startups to Fortune 500 conglomerates. Its workforce of over 4,000 dedicated professionals operates from key financial hubs including Los Angeles, New York, Atlanta, Dallas, and San Francisco, ensuring deep local expertise with national reach. The company’s unwavering dedication to integrity, excellence, and community engagement has garnered consistent accolades from industry analysts, clients, and employees alike.
Company History and Business Evolution
City National Corporation was founded in 1954 by a group of visionary entrepreneurs who recognized the need for a bank that combined the resources of a large institution with the personalized service of a community bank. Starting with a single branch in Los Angeles, the company quickly expanded its footprint through organic growth and strategic acquisitions. In the 1960s and 1970s, City National pioneered innovative lending and cash management products tailored to the entertainment and real estate industries, cementing its status as the “bank to the stars.” The 1980s saw the corporation go public and expand into wealth management, establishing a dedicated trust and investment division. A pivotal milestone occurred in 1997 when City National Corporation became a subsidiary of Royal Bank of Canada (RBC), gaining access to global capital markets while retaining its distinctive brand and client-centric culture. Under RBC’s ownership, the corporation accelerated its digital transformation, launching robust online banking platforms and mobile apps. The 2008 financial crisis tested City National’s resilience, but its conservative risk management and strong capital reserves enabled it to emerge stronger, capturing market share from struggling competitors. In recent years, City National has invested heavily in artificial intelligence for fraud detection, blockchain for trade finance, and cloud-based infrastructure to enhance scalability. Today, with over $90 billion in assets, City National Corporation continues to evolve, adding fintech partnerships and ESG-focused investment solutions to its portfolio. The company’s history is a testament to its ability to adapt while maintaining the core values that have defined it for decades.
City National Corporation at a Glance
- Headquarters: Los Angeles, California, USA
- Founded: 1954
- Parent Company: Royal Bank of Canada (RBC)
- CEO: Kelly Coffey (as of 2025)
- Annual Revenue: Approximately $4.2 billion (2024)
- Total Assets: Over $90 billion
- Employees: 4,500+
- Number of Branches: 70+ across major U.S. markets
- Industry: Banking and Financial Services
- Key Products: Commercial lending, treasury management, wealth planning, capital markets
- Target Clientele: Entertainment, real estate, healthcare, technology, nonprofits
- Stock Symbol: NYSE: CYN (formerly, now privately held under RBC)
- Digital Platforms: City National Online, Mobile App, API banking
- Awards: Forbes Best Banks, Greenwich Excellence, J.D. Power satisfaction
- Community Impact: $20 million+ in annual charitable contributions
- Sustainability: Committed to net-zero operations by 2035
- Risk Rating: A+ (Moody’s), AA- (S&P)
- Market Presence: United States, with global access via RBC
- Key Acquisition: Imperial Capital (2006), American Security Bank (2014)
- Innovation Hub: City National Innovation Lab in Silicon Beach, LA
Mission, Vision, and Core Corporate Values
City National Corporation’s mission is to empower clients to achieve their financial goals through trusted advice, innovative solutions, and unwavering personal service. The vision is to be the most respected and admired bank in the United States, known for its deep relationships, community commitment, and financial strength. Core corporate values include: Integrity – doing the right thing even when no one is watching; Excellence – delivering superior outcomes for clients, shareholders, and employees; Inclusivity – fostering a diverse and equitable workplace where everyone belongs; Innovation – continuously improving processes and products through technology; and Stewardship – responsibly managing resources and giving back to communities. These values are embedded in every decision, from lending practices to employee development programs. They guide the corporation’s code of conduct, risk appetite, and strategic priorities.
Business Strategy and Future Roadmap
City National Corporation’s business strategy centers on deepening client relationships, expanding into high-growth niches, and leveraging data insights to personalize service. The company plans to open 10 new branches in fast-growing Sunbelt markets by 2027, while simultaneously investing in a digital-first banking experience. Future roadmap initiatives include:
- Launch of an AI-powered financial advisory platform for mass affluent clients
- Integration of blockchain for real-time cross-border payments
- Expansion of ESG-linked lending and green bonds
- Partnerships with fintechs to offer embedded banking APIs
- Development of a centralized data lake for predictive analytics on credit and fraud risk
Products, Technologies, and Services
City National Corporation offers a comprehensive suite of financial products and services tailored to businesses and individuals. On the commercial side, it provides:
- Commercial loans and lines of credit
- Treasury management (cash pooling, lockbox, ACH)
- Capital markets (equity and debt underwriting, M&A advisory)
- Trade finance and supply chain finance
- Fiduciary services (trust, estate planning)
Industries and Markets Served
City National Corporation serves a diverse array of industries with specialized expertise. Key sectors include: Entertainment – financing film and television productions, music royalties, and talent management; Real Estate – construction loans, bridge financing, and property management accounts; Healthcare – practice acquisition loans, medical equipment leasing, and revenue cycle management; Technology – venture debt, IPO advisory, and stock option plans; Nonprofit – endowment management, grant administration, and donor-advised funds. The corporation’s geographic footprint covers major metropolitan areas, with a concentrated presence in California, New York, Florida, and Georgia. It also serves international clients through its RBC parent, facilitating cross-border transactions and global investment opportunities.
Leadership and Management Philosophy
City National Corporation’s leadership team is led by CEO Kelly Coffey, who brings over three decades of banking experience. The management philosophy emphasizes empowerment – giving frontline bankers the autonomy to make decisions that benefit clients, accountability – setting clear performance metrics tied to customer satisfaction and risk control, and continuous learning – investing in leadership development programs and mentorship. The executive committee meets weekly to review portfolio health, regulatory changes, and innovation pipelines. The board of directors includes former regulators, tech entrepreneurs, and community leaders, ensuring diverse perspectives. A hallmark of the culture is the “Open Door” policy, where employees at all levels are encouraged to share ideas directly with senior leaders.
Corporate Events, Conferences, and Community Engagement
City National Corporation actively participates in major industry events such as the American Bankers Association Conference, Money 20/20, and the Milken Institute Global Conference, where executives speak on topics like digital transformation and middle-market lending. The company also hosts an annual “City National Growth Summit” for corporate clients, featuring workshops on economic trends and ESG investing. On the community front, City National sponsors the City National Grove of Anaheim concert venue and supports over 500 nonprofits through its “City National Cares” volunteer program. Employees receive 40 hours of paid time off annually for volunteering. The corporation has pledged $50 million over five years to affordable housing initiatives in underserved neighborhoods.
Employees and Workplace Culture
City National Corporation is consistently recognized as a top employer, with a 4.2 rating on Glassdoor and inclusion in Fortune’s “100 Best Companies to Work For” list. The culture is built on collaboration, respect, and work-life balance. Benefits include fully paid health insurance, a 401(k) with 6% match, tuition reimbursement, and mental health support through Employee Assistance Programs. The company has nine Employee Resource Groups (ERGs) covering women, veterans, LGBTQ+, and racial minorities, which host regular networking events and mentorship circles. A remote-first hybrid policy allows employees to work from home up to three days per week. Performance reviews are bi-annual and focus on both quantitative results and adherence to values. Training programs, such as “City National University,” offer over 200 online courses on leadership, compliance, and technical skills.
Job Details & Requirements for this Posting
Vice President, Financial Planning & Analysis
Position Overview: The VP of FP&A at City National Corporation will lead a team of analysts responsible for budgeting, forecasting, and strategic analytics across the bank’s commercial and wealth divisions. This role reports directly to the CFO and partners with business heads to drive financial performance.
Key Responsibilities:
- Develop and maintain annual operating budgets and quarterly reforecasts
- Conduct variance analysis and present actionable insights to senior leadership
- Lead the design of financial models for new product launches and M&A scenarios
- Coordinate with business lines to optimize net interest income and expense management
- Implement dashboard reporting using Tableau and Power BI
- Drive automation of manual processes, improving efficiency by 20%+
Qualifications:
- MBA or CPA preferred
- 10+ years of progressive FP&A experience in banking or financial services
- Advanced Excel and financial modeling skills
- Strong knowledge of GAAP and regulatory reporting (FRB, OCC)
- Experience with Hyperion, Anaplan, or similar EPM tools
- Exceptional communication and presentation abilities
Why Join City National Corporation? Employees enjoy a collaborative culture, competitive compensation (bonus eligible), and opportunity to work on high-impact strategic initiatives. The company offers clear career progression paths, with many VPs advancing to divisional CFO roles. Additionally, the corporation’s stable ownership under RBC provides long-term job security and global exposure.
Customer Reviews and Industry Reputation
City National Corporation maintains a strong reputation across multiple review platforms, mirroring its commitment to client satisfaction and employee well-being. Below is an exhaustive analysis of feedback from key sources.
Glassdoor
On Glassdoor, City National Corporation has an overall rating of 4.2 out of 5 stars based on over 1,200 reviews. Employees praise the work-life balance, with 78% approving of the CEO. Many reviewers highlight the “family-like atmosphere” and opportunities for advancement, particularly in the commercial lending and treasury departments. Common criticisms include slower promotion cycles compared to competitor banks and occasional silos between divisions. However, management responsiveness to concerns is noted as high, with regular “pulse surveys” leading to tangible improvements.
Indeed
Indeed ratings average 3.9 out of 5, with positive comments focusing on training programs and benefits. One analyst mentioned, “The mentorship culture is real; you learn from seasoned bankers.” Negative reviews often cite high workload during month-end close and bureaucratic processes for small approvals. Overall, 85% of reviewers would recommend City National as an employer.
Gartner Peer Insights
City National Corporation receives a 4.5 out of 5 score from business clients on Gartner Peer Insights for its treasury management and commercial lending platforms. Clients applaud the responsiveness of relationship managers and the ease of API integration. One user wrote: “Their cash forecasting tool saved us hours of manual work.”
Trustpilot
Trustpilot reviews show a 4.0 star average for City National’s retail banking services. Positive feedback centers on personalized mortgage underwriting and wealth advisory. Negative reviews often relate to occasional mobile app glitches, though updates are frequent.
G2
On G2, City National’s online banking platform scores 4.1 stars for usability and security. Users value features like real-time fraud alerts and expense categorization. Some requests for more advanced analytics are noted.
Google Reviews
Google Reviews aggregate 4.3 stars across 70+ branch locations. Customers in Los Angeles and New York particularly appreciate the concierge-level service for high-net-worth accounts. A common phrase: “They treat you like family, not a number.”
LinkedIn Reputation
City National Corporation’s LinkedIn page has over 200,000 followers and a 4.4 company rating from employees. The brand is regularly featured in posts about community involvement and career development. Alumni frequently credit the company for providing a strong foundation in relationship banking.
Why Organizations Choose City National Corporation
Organizations select City National Corporation for its combination of local expertise and global reach. The bank offers dedicated relationship managers who understand industry nuances—whether it’s entertainment financing or healthcare M&A. Clients also benefit from RBC’s capital markets capabilities, including access to syndicated loans and derivative hedging. Furthermore, the corporation’s commitment to innovation means clients receive cutting-edge digital tools without sacrificing personal service. A recent survey indicated that 92% of business clients would recommend City National to peers, citing reliability and customized solutions as key differentiators.
Official Contact Information
For inquiries and assistance, please reach out to City National Corporation using the following contact details:
Address: 555 South Flower Street, Suite 3600, Los Angeles, CA 90071
Contact Number: +1 (213) 673-7500
Support Number: +1 (800) 773-2164
Helpdesk Number: +1 (866) 252-4964
Website: https://www.citynational.com
Official Social Media Presence
Follow City National Corporation on:
LinkedIn: https://www.linkedin.com/company/city-national-corporation
Twitter: @CityNational
Facebook: facebook.com/CityNational
Instagram: @citynationalbank
SEO FAQ Section
What is City National Corporation known for?City National Corporation is renowned for its private banking and commercial lending services, particularly in the entertainment and real estate industries.
Where is City National Corporation headquartered?City National Corporation’s global headquarters is located in Los Angeles, California, at 555 South Flower Street.
Who owns City National Corporation?City National Corporation is a wholly owned subsidiary of Royal Bank of Canada (RBC), one of the largest banks in the world.
How many employees does City National Corporation have?As of 2025, City National Corporation employs over 4,500 professionals across its offices and branches.
What is the mission of City National Corporation?City National Corporation’s mission is to empower clients to achieve their financial goals through trusted advice, innovative solutions, and unwavering personal service.
Does City National Corporation offer remote jobs?Yes, City National Corporation offers hybrid and fully remote positions for certain roles, especially in technology and corporate functions.
What is the salary for a VP of Finance at City National Corporation?Salaries for a Vice President of Financial Planning & Analysis at City National Corporation typically range from $150,000 to $200,000 per year, plus bonuses and benefits.
How can I apply for a job at City National Corporation?You can apply through the official website’s careers page by creating a profile and submitting your resume online.
What are the core values of City National Corporation?The core values are Integrity, Excellence, Inclusivity, Innovation, and Stewardship.
Does City National Corporation have a diversity program?Yes, City National Corporation has nine Employee Resource Groups and comprehensive diversity, equity, and inclusion initiatives.
What is City National Corporation’s rating on Glassdoor?City National Corporation has a 4.2 out of 5 rating on Glassdoor based on employee reviews.
What industries does City National Corporation serve?City National Corporation serves entertainment, real estate, healthcare, technology, nonprofit, and professional services sectors.
Is City National Corporation a good place to work?Based on employee reviews, City National Corporation is considered a great place to work due to its collaborative culture, benefits, and work-life balance.
What are the main products of City National Corporation?Key products include commercial loans, treasury management, wealth planning, capital markets, and private banking.
How do I contact City National Corporation for support?You can call the support number at +1 (800) 773-2164 or visit the official website for live chat.
Does City National Corporation have a mobile app?Yes, the City National Mobile App is available on iOS and Android with features like mobile deposit and account alerts.
What is the asset size of City National Corporation?City National Corporation has total assets exceeding $90 billion as of 2024.
How many branches does City National Corporation have?City National Corporation operates more than 70 branches across major U.S. cities including Los Angeles, New York, and Atlanta.
What awards has City National Corporation won?City National Corporation has received Forbes Best Banks, Greenwich Excellence Awards, and J.D. Power customer satisfaction honors.
Does City National Corporation support community initiatives?Yes, City National Corporation contributes over $20 million annually to community programs and employees volunteer thousands of hours each year.
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