LOS ANGELES, June 18, 2008 (PRIME NEWSWIRE) -- City National Bank, California's Premier Private and Business Bank(r), has appointed Robert R. Flores, Jr. as senior vice president and manager of its Government Lending Department.
(For an image of Flores, go to http://www.cnb.com/images/photos/robert-flores-jr.jpg.)
Based in Los Angeles, Flores directs the bank's government-guaranteed and community-related lending programs, primarily Small Business Administration (SBA) loans, for small and mid-sized businesses and non-profit organizations throughout California. He manages all aspects of the department's loan origination and business development activities and is responsible for the bank's relationships with the SBA and other government lenders.
Flores reports to Kevin Dunigan, executive vice president in charge of the bank's Core Banking Division.
"Robert is a great addition to the City National team," said Dunigan. "His more than 25 years of proven banking experience -- 13 of them dedicated to government lending management -- will play a key role in expanding our ability to provide clients with the financial products and services that will help them succeed."
Before joining City National, Flores was executive vice president and SBA national sales manager at Temecula Valley Bank in Temecula, Calif. From 1990 until 2005, he was with US Bank/Bank of Commerce in San Diego where he served as senior vice president and western regional sales manager and, prior to that, as vice president and SBA business development officer. He earlier held branch management, commercial banking and loan officer positions at First Interstate Bank of California, Tokai Bank and Union Bank.
A resident of Pasadena, Calif., Flores earned a bachelor's degree in business administration from California State University, Los Angeles.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $15.9 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 nearly $56 billion in client investment assets, including $35.9 billion under direct management.
For more information about City National, visit the company's Web site at cnb.com.
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