MANHATTAN BEACH, Calif., Sept. 29, 2008 (GLOBE NEWSWIRE) -- City National Bank, California's Premier Private and Business Bank(r) and the largest bank headquartered in Southern California, today opened its new banking office to serve the Manhattan Beach-El Segundo business corridor.
The 3,100-square-foot Manhattan Beach Banking Office, located at 2231 Rosecrans Avenue, offers a full range of financial services and features an ATM accessible 24/7, a night depository and convenient parking. It also offers private banking services.
Business hours are 9 a.m. until 4 p.m., Monday through Thursday, and 9 a.m. until 6 p.m. on Friday.
Jasmin Khaghan is vice president and branch manager. Moses Ramler is vice president and financial sales advisor.
"This new office will enable City National to better serve our clients in Manhattan Beach and throughout the South Bay," said Executive Vice President Kevin Dunigan. "Jasmin and her team are now in the optimum position to deliver the high-quality, one-on-one attention that clients have come to expect from City National."
"Our company also provides a great deal of strength and stability," Dunigan said. "As a consistently profitable, well-capitalized and conservatively managed institution, City National can help see its clients through the kinds of economic challenges we are witnessing today."
The new office brings to 52 the number of City National banking offices operating in California.
Jasmin Khaghan
Khaghan oversees a team responsible for delivering the bank's full range of financial products and services, including commercial, consumer and real estate loans; cash management; deposit; international banking; and foreign exchange. She also will manage the office's customer service and business development efforts.
Before joining City National, Khaghan was branch manager and assistant vice president of Union Bank's Santa Monica office. With that bank since 2000, she earlier held financial services and customer service positions and completed its management training program.
A resident of Los Angeles, Khaghan earned a bachelor's degree in business administration from California State University, Northridge. She is a member of the Manhattan Beach Chamber of Commerce.
Moses Ramler
Ramler is responsible for portfolio management and business development.
Most recently, Ramler was chief financial officer for Hui Onipa'a, LLC, a property development start-up focusing on homes for low- to moderate-income families. Earlier in his career, he spent almost six years with Washington Mutual Bank, where he served as vice president and manager of its Century City financial center and, before that, as a senior personal financial representative.
Ramler earned a bachelor's degree in business administration and sociology from the University of Redlands.
A resident of Hermosa Beach, Calif., he is a member of the Manhattan Beach Chamber of Commerce and a board member of the Lanakila Outrigger Club in Redondo Beach.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $16.3 billion in total assets, and provides banking, investment and trust services through 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its eight majority-owned investment affiliates manage or administer $53.5 billion in client investment assets, including nearly $34 billion under direct management.
For more information about City National, visit the company's Website at cnb.com.
The City National Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3143