MIAMI, FL--(Marketwire - January 11, 2013) - City National Bank of Florida (CNB) is pleased to announce that it was named Best Business Bank in the inaugural edition of the Daily Business Review's "Best of 2012."
The Daily Business Review encouraged readers to cast votes for their favorite companies in more than 56 categories of businesses supporting the legal, real estate and finance communities. The results were highlighted in a stand-alone publication.
City National Bank offers customized, flexible solutions to help meet any business' needs, including working capital lines of credit, SBA 504 loans and CNB's FastTrack owner occupied mortgages. City National Bank also offers a full suite of depository and treasury management products to help businesses save time and manage money effectively.
With more than $4.8 billion in assets, City National Bank is the fifth-largest financial institution in the state. The quarter ending December 31, 2012 completed a record year for CNB, with more than $1 billion in new lending, excellent client retention and acquisition, and continued asset quality excellence.
City National Bank offers a best-in-class client experience with the flexibility and knowledge to meet business clients' unique financial needs.
CNB's strength and stability were yet again recognized by BauerFinancial, when the leading bank ratings firm reported last month that City National Bank had once again received a five-star "Superior" rating, the highest rating possible.
"We are honored and humbled to be recognized as the Best Business Bank by readers of the Daily Business Review," CNB President and Chief Executive Officer Jorge Gonzalez said. "The South Florida business community is an integral portion of our business, and we are pleased to provide this important segment with the quality products and best-in-class service they deserve."
About City National Bank of Florida
Headquartered in Miami, City National Bank (CNB) is the financial institution to which Floridians have turned for more than 65 years. The fifth-largest financial institution in the state, City National Bank is one of the most liquid and best capitalized banks in Florida and is rated 5 stars "Superior" by BauerFinancial. CNB was voted the Best Business Bank by the readers of the Daily Business Review. The bank was also named the South Florida Business Journal's Local/Community Bank of the Year in 2011. CNB offers a diversified portfolio of financial products and services at 26 convenient banking centers from Miami-Dade County to the greater Orlando area.