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City National Wins Six Greenwich Excellence Awards for Business Banking and Treasury Services

LOS ANGELES, Feb. 23, 2016 (GLOBE NEWSWIRE) -- City National Bank has won six excellence awards for business banking and treasury management from Greenwich Associates, a leading global financial services research and consulting firm.

City National has received two awards in the small business segment and four in the middle market area, two of which recognized treasury management.

“We are honored to have so many of our clients give us top marks. City National Bank has specialized in serving small and mid-sized companies for more than 60 years, and we’re gratified to be recognized by Greenwich,” said Rod Banks, head of commercial banking for City National Bank. “These awards validate what we do best - combine the personal service of a local bank with the capabilities typically associated with larger banks.”

City National’s middle market business banking services received awards in the following categories:

  • Overall Satisfaction (national and regional awards)
  • Overall Satisfaction Cash Management (national and regional awards)

For small business, City National received awards for:

  • Advice to Help My Business Grow (regional)
  • Relationship Manager Performance (regional)

“To have our bankers recognized by Greenwich Associates for their advice on helping entrepreneurs grow their businesses is very gratifying,” said Kevin Dunigan, head of core banking for City National. “We are proud of our high-quality service at City National Bank and the trusted relationship our bankers have with their clients.”

“We are pleased to have been recognized by Greenwich Associates for Excellence in Cash Management again,” said James Daley, manager of Treasury Services for City National Bank. “Our colleagues are trusted advisors serving with commitment and expertise in helping our clients enhance efficiencies and manage their cash.”

For these annual awards, Greenwich Associates evaluated more than 600 banks, and fewer than 5 percent of those eligible received an award. Results were based on interviews with more than 29,000 executives at small and mid-sized businesses with sales of $1 million to $500 million.

Business Banking Services

City National’s comprehensive small business and commercial banking services include loans and lines of credit; business deposit and treasury management services; international banking and foreign exchange; and check and Visa® commercial credit cards. The bank is a preferred lender under the U.S. Small Business Administration and SBAExpress programs.

City National provides its expertise in a wide range of segments, including entertainment, manufacturing and distribution as well as professional services, including accounting, healthcare and law firms.

About City National

With $35.6 billion in assets, City National Bank provides banking, investment and trust services through 75 offices, including 16 full-service regional centers, 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 $59.4 billion in client investment assets.

City National is a subsidiary of Royal Bank of Canada (RBC), one of North America’s leading diversified financial services companies. RBC serves more than 16 million personal, business, public sector and institutional clients through offices in Canada, the United States and 38 other countries.

For more information about City National, visit the company’s website at cnb.com.

About Greenwich Associates

Greenwich Associates is the leading provider of global market intelligence and advisory services to the financial services industry. We specialize in providing fact based insights and practical recommendations to improve business results. Our data focuses on the key metrics required for effective business management: operations performance, service quality, sales effectiveness, share of wallet, market share, brand, and behavioral trends. We are based in Stamford, CT with additional offices in Pleasanton, CA, London, Singapore, Tokyo, and Toronto.

Media Contact: Debora Vrana, City National Bank, 213.673.7631 Debora.vrana@cnb.com

Source:City National Bank