City National Bank Expands Operations with New Offices in the Carolinas
City National Bank, headquartered in Los Angeles, has recently expanded its footprint by inaugurating two new branches in the Southeast: one in Charlotte, North Carolina, and another in Greenville, South Carolina. This strategic move aligns with the bank's long-term growth objectives and reflects an increasing customer demand in these energetic markets.
The newly established offices cover over 28,000 square feet—23,000 square feet in Charlotte and approximately 5,700 square feet in Greenville. These locations are primarily dedicated to the bank's Commercial Banking division, focusing on servicing middle-market businesses across the Southeast, which is recognized as one of the fastest-growing regions in the United States. With nearly 120 staff members, including both client-facing positions and operational roles, City National is enhancing its commitment to these vibrant communities.
City National’s expansion in this region is further complemented by its established presence in cities like Atlanta, Nashville, and Miami. This move also leverages the resources of its parent company, the Royal Bank of Canada (RBC), allowing City National to provide a robust service offering to its clients.
At the helm of the local operations is Charlie Arndt, the executive vice president of the Middle Market Southeast Region. Arndt brings over three decades of commercial banking experience within the Carolinas, making him well-equipped to lead the new offices. He has expressed optimism about the bank's ability to forge strong relationships in the Southeast and deliver exceptional services driven by local expertise.
Howard Hammond, the president and CEO of City National Bank, emphasized the strategic importance of Charlotte and Greenville, stating, "These cities are not only innovative but also pivotal markets for our services. With a local focus, we are eager to provide the high-touch service that has become synonymous with our brand."
The opening of these offices signals a broader commitment to impacting the local economy and enhancing client relationships through increased employment and investment in local talent. As hiring continues, City National aims to expand its business with a focus on its Middle Market Banking division and other vital areas.
Arndt highlighted the significance of this expansion, saying it is a testament to the positive momentum and success of the bank’s Middle Market Banking division. He noted that this growth not only represents progress for City National but also reflects the high potential for both clients and communities alike.
Founded in 1954, City National Bank is the largest bank headquartered in Los Angeles, with approximately $98 billion in assets as of October 31, 2025. The bank specializes in various sectors, including Wealth Management and Private Banking, Entertainment & Sports Banking, Commercial Banking, and Consumer Banking. Their branches are spread across several locations, ensuring a solid presence from the West Coast to the Southeast and beyond.
Additionally, City National Bank shows its commitment to community involvement. In 2024 alone, the bank made charitable contributions totaling nearly $10 million to nonprofit organizations that focus on community support and development. This dedication underscores the bank’s mission not only to serve its clients but also to uplift the communities where it operates.
In conclusion, City National Bank’s expansion in Charlotte and Greenville represents a significant step toward strengthening its market presence in the Southeast. By providing local expertise and building upon its existing capabilities, the bank is set to better serve its clients and contribute to the economic growth of these regions.
The newly established offices cover over 28,000 square feet—23,000 square feet in Charlotte and approximately 5,700 square feet in Greenville. These locations are primarily dedicated to the bank's Commercial Banking division, focusing on servicing middle-market businesses across the Southeast, which is recognized as one of the fastest-growing regions in the United States. With nearly 120 staff members, including both client-facing positions and operational roles, City National is enhancing its commitment to these vibrant communities.
City National’s expansion in this region is further complemented by its established presence in cities like Atlanta, Nashville, and Miami. This move also leverages the resources of its parent company, the Royal Bank of Canada (RBC), allowing City National to provide a robust service offering to its clients.
At the helm of the local operations is Charlie Arndt, the executive vice president of the Middle Market Southeast Region. Arndt brings over three decades of commercial banking experience within the Carolinas, making him well-equipped to lead the new offices. He has expressed optimism about the bank's ability to forge strong relationships in the Southeast and deliver exceptional services driven by local expertise.
Howard Hammond, the president and CEO of City National Bank, emphasized the strategic importance of Charlotte and Greenville, stating, "These cities are not only innovative but also pivotal markets for our services. With a local focus, we are eager to provide the high-touch service that has become synonymous with our brand."
The opening of these offices signals a broader commitment to impacting the local economy and enhancing client relationships through increased employment and investment in local talent. As hiring continues, City National aims to expand its business with a focus on its Middle Market Banking division and other vital areas.
Arndt highlighted the significance of this expansion, saying it is a testament to the positive momentum and success of the bank’s Middle Market Banking division. He noted that this growth not only represents progress for City National but also reflects the high potential for both clients and communities alike.
Founded in 1954, City National Bank is the largest bank headquartered in Los Angeles, with approximately $98 billion in assets as of October 31, 2025. The bank specializes in various sectors, including Wealth Management and Private Banking, Entertainment & Sports Banking, Commercial Banking, and Consumer Banking. Their branches are spread across several locations, ensuring a solid presence from the West Coast to the Southeast and beyond.
Additionally, City National Bank shows its commitment to community involvement. In 2024 alone, the bank made charitable contributions totaling nearly $10 million to nonprofit organizations that focus on community support and development. This dedication underscores the bank’s mission not only to serve its clients but also to uplift the communities where it operates.
In conclusion, City National Bank’s expansion in Charlotte and Greenville represents a significant step toward strengthening its market presence in the Southeast. By providing local expertise and building upon its existing capabilities, the bank is set to better serve its clients and contribute to the economic growth of these regions.
Topics Financial Services & Investing）
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