City National Bank
An ongoing success story
Early days and expansion
City National Bank of Florida was established in 1946 when Leonard L. Abess, Sr. and Baron de Hirsch Meyer founded the North Shore Bank on 71st Street in Miami Beach. In the 50’s, Industrial National Bank at 46 West Flagler Street was added and the bank moved into new headquarters at 25 West Flagler Street. Today, City National’s corporate offices are located at 1450 Brickell Avenue, Miami – in the heart of the financial district.
Over the next 50 years, City National Bank expanded into Broward, and Palm Beach counties as well as the Orlando and Winter Park communities, building a business and a reputation on practical, prudent banking and best-in-class client service.
Building on stability and service
Under the leadership of Leonard Abess, Jr., City National Bank (CNB) became one of the largest community banks in the nation. We now have 26 locations throughout Florida and we are one of the best capitalized and most liquid banks in the country.
As we’ve grown, little has changed: we’re still pursuing the same prudent, practical brand of relationship banking we always did – and our employees are still committed to our clients and our local communities.
We kept doing what we do best: stayed focused on being a strong and stable bank for the people we serve.
A partner in prudence, persistence and compassion
Caja Madrid was in search of a partner with similar banking practices and values that would serve as their platform for introducing their presence in the U.S.
Caja Madrid approached CNB in early 2008 and after spending time getting to know each other, CNB was sold to Caja Madrid. Little changed at City National Bank after the aquisition.
Caja Madrid strengthened and complemented our organization with greater reach, and additional resources.
Continued leadership strength
Jorge Gonzalez, our President and CEO, continues the legacy of leadership strength for which CNB has always been known. Jorge’s experience, focus and passion continue to revolve around keeping clients as our top priority and building on the infrastructures that prepare us for continued success.
Together, we look forward to a future of healthy growth, for our organization, our people, our local communities and, most importantly, our customers.
