City National Bank of Florida

City National Bank of Florida

Community bank offering diversified financial services

Overview

City National Bank of Florida provides a wide range of financial services, including personal and business banking, commercial real estate loans, and private wealth management. The bank operates through a network of local branches where it manages deposits and issues loans using a local decision-making model. Unlike many large national competitors, it maintains the personal service of a community bank while being backed by the resources of its international parent company, Bci. Its goal is to serve as a trusted financial partner for Floridians by offering specialized lending and diversified banking products tailored to the local economy.

About City National Bank of Florida

Simplify's Rating
Why City National Bank of Florida is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Miami, Florida

Founded

1946

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Simplify's Take

What believers are saying

  • Scale in Florida supports deposit gathering and broader commercial lending.
  • Treasury-management support channels help retain business clients during service disruptions.
  • New commercial bankers can deepen fee income and cross-sell opportunities.

What critics are saying

  • MOVEit-linked breaches exposed 36,306 customers and sensitive account data.
  • Unexpected online banking outages disrupt treasury services and damage client trust.
  • Third-party software dependence keeps fraud, remediation, and litigation exposure elevated.

What makes City National Bank of Florida unique

  • Miami-based, second-largest Florida bank with over $26 billion in assets.
  • Relationship-led banking emphasizes local decisions and personal relationships.
  • Expanding commercial banking hires and sports partnerships support growth and visibility.

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Benefits

Flexible Work Hours

Company News

Yahoo Finance
Feb 9th, 2022
Mayer left City National Bank Corp. as trust team lead for the Beverly Trust office on Jan 1st 21'.

Mayer, who has more than three decades of experience in the trust industry, joined Wilmington Trust in 2021 from City National Bank in Beverly Hills where he was the trust team lead for the Beverly Trust office.

AgilLink
May 20th, 2021
Citynational acquired Datafaction, Inc. on May 20th 11'.

Datafaction was acquired by City National Bank a little over ten years ago.

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