Joseph Pacis Senior Vice President/Manager - City National Bank
City National Bank is a full service commercial bank that services the needs of privately-held businesses and their owners in CA, NV and NY. The Bank has been in business for over 50 years and decisions are made locally by individuals that business owners are able to meet. In summary, City National Bank provides all the products and services of the larger banks without 1-800 numbers and with a "smile".
555 S Flower Street Los Angeles, CA 90071-2300 -
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City National Bank was founded over 50 years ago and is the largest commercial bank headquartered in Los Angeles. The bank is publicly traded on the NYSE (Symbol: CYN) and completed 2009 with its 17th consecutive year of profitability. The bank has over $21 Billion in assets and over $60 Billion in assets under management or under administration. The bank did not make any sub-prime loans and does not have any investments related to the sub-prime market. The bank is well capitalized exceeding all regulatory minimums. The bank and it's Relationship Managers have won numerous Greenwich Awards (the JD Powers Measuring Stick of the Banking Industry) for Superior Service.
Loans (lines of credit (including EXIMBANK lines for exporters), Term Loans for equipment, Owner-occupied Real Estate loans (including SBA504 and 7a loans), Treasury Management, International, Investments and 401(k) plans for companies. In addition, we have a full array of personal services for business owners ranging from Private Client Services that would include Trust & Estate Planning, Wealth Management and Personal Loans, including Mortgages, Equity Lines and Personal Lines of Credit.
My ideal client is a profitable, privately-held business with revenues from $10 million to $200 million. In addition, we also service non-profit business with similar revenue size. The client would ideally be located in Los Angeles County. However, my office has clients throughout CA and NV.
Wholesale distribution of products and services, with an emphasis on food distribution, oil and lube products distribution and non-profits that are primarily funded by state and government contracts.
City National Bank has > 60 branches in CA, primarily in Southern CA. The Bank also has 6 branches in Nevada and offices in New York, New York.