City National Bank Of Florida, An Ongoing Success Story.
Early days and expansion
Nearly a decade after their first encounter, the partners opened the pre-cursor to City National Bank, North Shore Bank in 1946. The bank was located on 71st Street in North Miami Beach.
City National Bank of Florida established various banks under the City National Bank name. When federal regulations allowed, the locations were all merged into one City National Bank of Florida name.
Throughout the next 75 years, City National Bank of Florida expanded into Broward and Palm Beach counties, as well as the Orlando and Winter Park communities and Tampa, building a business and a reputation for practical, prudent banking and a best-in-class client experience. City National Bank of Florida continues to grow and evolve, but its foundation remains the same.
At City National Bank of Florida, we understand that to become Florida’s iconic bank, we must be brave, bold, and care enough to set the bar high every day and never give up on achieving our goals.
City National Bank of Florida, the premier private and commercial bank in Florida, has more than $23 billion in assets, $19 billion in total deposits and $15 billion in loans and leases. Founded in 1946, City National Bank of Florida is one of the largest financial institutions based in the state and offers a diversified portfolio of financial products and services at 32 convenient banking locations from Miami-Dade County to Central Florida and extended reach through the Presto ATM network.
City National Bank of Florida continues to be one of the best capitalized and most liquid banks in Florida and is rated 5 stars "Superior" by BauerFinancial. The bank was named one of the Best Banks to Work For by American Banker magazine, for two consecutive years. City National Bank of Florida was voted Best Community Bank, Best Business Bank, Best Bank for Commercial Real Estate, Best Bank for Jumbo Loans, Best Private Bank and Best Foreign National Mortgage Lender by the readers of the Daily Business Review for the eight consecutive years. The South Florida Business Journal named it Business of the Year in 2013 and 2019 and Community Bank of the Year in 2013 and 2011.
City National Bank of Florida has consistently ranked in the top 50 of all large U.S. banks in terms of profitability, efficiency and asset quality, and has received the highest Community Reinvestment Act (CRA) rating for eighteen consecutive years.