Open one new branch in a majority-Black and Hispanic neighborhood and evaluate future opportunities for expansion within Los Angeles County; ensure at least four mortgage loan officers are dedicated to serving majority-Black and Hispanic neighborhoods; and employ a full-time Community Lending Manager who will oversee the continued development of lending in majority-Black and Hispanic neighborhoods. Job specializations: Software Development. At City National Bank & Trust, commitment to our customers is more than a principle; its a way of life. By doing this, you can ensure that sensitive information like your financial account numbers aren't exposed on public networks. Jan. 12, 2023 1:21 PM PT. Deposit products and services are provided by City National Bank Member FDIC. [emailprotected] - +562 26927483. City National Bank has over 40 community banks in Oklahoma and Kansas. Along with personal, private and business banking, City National makes available wealth management, brokerage and leasing services, and software solutions. Get access to City's Mobile App, eStatements and much more. We get to know you on a deeper level, working with you to enhance your financial well-being. "In advance of what would have been Dr. Martin Luther King Jr.'s 94th birthday, it is a fitting time to reaffirm our commitment to that work, and to the pursuit of justice for all Americans.". Find City National Bank branch locations near you. Mara is a former member of the board for the Center of Financial Training (CFT), the training partner for banks, credit unions and other financial institutions; a former board member of The Childrens Home Society; and a member of the Tocqueville Society of United Way Miami. Click to find out where! City National Bank provides banking, investment and trust services in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis, Washington, D.C., and Miami*. "We take very seriously our obligation to ensure that all businesses and consumers have an equal opportunity to apply for and obtain credit.". They will also open a new branch in a predominantly Black and Hispanic neighborhood as well as conducting an assessment to identify needs for lending services in those communities. Full Time position. Law360 (September 23, 2020, 8:26 PM EDT) -- A former vice president at a City National Bank location claims in a lawsuit filed Tuesday in Los Angeles Superior Court that she was fired for taking . Assistant Attorney General of the U.S. Department of Justice's Civil Rights Division Kristen Clarke (right) speaks next to U.S. Attorney Martin Estrada, of the California central division, while announcing the redlining case against City National Bank during a news conference on Thursday at the Second Baptist Church in Los Angeles. Suite 150. Previously, Mario held legal counsel positions in the Burger King Corporation, the Bilzin Sumberg law firm, and the Mershon Sawyer law firm. For Union Steamship Company of New Zealand Ltd. Wellington. Open Now - Closes at 5:00 PM. The U.S. Department of Justice announced a $31 million settlement with City National Bank over allegations that the Los Angeles-based bank engaged in "redlining" - a pattern of lending . The complaint against City National Bank, which was filed by the DOJ in federal court on Thursday, alleges that from 2017 through at least 2020 the bank avoided marketing and underwriting mortgage lending services to majority Black and Latino neighborhoods and discouraging those Los Angeles County residents from obtaining mortgage loans. By volunteering their time, lending a hand and helping raise funds, City employees play an active role in improving the quality of life where their customers live and work. At Cathay Bank - we strive to provide a caring culture that supports your aspirations and success. View our comprehensive offerings based on your industry and your needs. Communication practices, fraud alerts, online security & more. The Justice Department said City National cooperated as part of their redlining investigation and is working to resolve its issues in other markets, as well. Before entering the banking industry, Ivan served as Financial Auditor for Arthur Andersen and a Financial Analyst for Telefonica Chile. (Above) 1965 photo of Marina City Bank at right and pharmacy at left. 209 E Brown St., San Saba, TX 76877. Linda Duncombe & Vanessa Montanez Named Women of Influence, City National Promotes David Cameron to Executive Vice President of Personal and Business Banking, City National Supports Financial Education Through Engaging Initiatives & Volunteerism, READ OUR CORPORATE SOCIAL RESPONSIBILITY REPORT. . There's more to success than what's on a balance sheet. Listed on 2023-03-01. Please check http://www.enable-javascript.com to learn how to enable JavaScript on your browser and enjoy the best experience. Jorge is married to Melinda Gonzalez and is the proud father of teenage twins. *City National Bank : 2855 LeJeune Road - 4th Floor, Coral Gables, FL 33134, Hotel recommendations with corporate discount: Driven by founding principles of personal service and relationship banking, City National . United Kingdom. Martin Estrada announced the agreement at Second Baptist Church Los Angeles in Historic South Central, one of the citys oldest Black churches. By Mark Calvey. Mara Suarez is Executive Vice President, Business & Personal Banking Executive at City National Bank of Florida (CNB) and has more than 35 years of banking experience. This activity will be carried out in City National Bank of Florida headquarters* in Miami and will be Redlining is a practice from a bygone era, runs contrary to the principles of equity and justice, and has no place in our economy today. Other banks operating in those neighborhoods received six times the number of mortgage applications that City National did, according to federal officials. The Justice Department announced today an agreement to resolve allegations that City National Bank (City National) engaged in a pattern or practice of lending discrimination by "redlining" in Los Angeles County. The settlement with City National is the largest settlement with the Justice Department. CityNET Online Banking is better than ever. 6398 East Pacific Coast Highway, Long Beach 90803. Updated Feb 10, 2022, 11:16am PST. Ivan Vera is the Chief Audit Officer for City National Bank of Florida (CNB) and holds more than 20 years of experience in risk management, including Bank Secrecy Act/AntiMoney Laundering compliance audits, regulatory compliance audits, loan reviews, allowance for loan and lease losses reviews, fair lending audits and consumer compliance audits. We will not stand for unlawful modern-day redlining.. We are here for all of your business banking needs, contact us today. John Bai Executive Vice President CFO and Chief Transformation Officer. A .gov website belongs to an official government organization in the United States. Since our founding in 1954, we've always prioritized helping our clients, colleagues and communities flourish, and our legacy of integrity and unparalleled client relationships continues to drive strong growth today. Tech 90; . Hugo joined CNB from Ocean Bank in 2010, where he served as Senior Vice President, Chief Credit Officer. LONG BEACH - MARINA BRANCH - City National Bank 6398 East Pacific Coast Highway Long Beach, California 90071 . Stefanie Dazio/AP City National is the latest bank in the past several years to be found systematically avoiding lending to racial and ethnic minorities, a practice that the Biden administration has set up its own task force to combat. cnb.com is a registered trademark of City National Bank. Get the best of City Nationals unparalleled service and advice, plus exclusive benefits. South Charleston, WV 25309. The analysis shows that 20 of the nation's top 100 metropolitan areas have an "extreme dissimilarity index" of 50 or higher -- meaning at least half of the population would have had to move to another neighborhood in the area to achieve total integration in 2019. : (02) 8524-6517 Email : mds@marina.gov.ph 2nd floor MARINA Building, Bonifacio Drive cor. is Executive Vice President, Chief Strategy Officer for City National Bank of Florida (CNB) and has more than 20 years of banking experience. Jorge Gonzalez is Chief Executive Officer and Vice Chairman of City National Bank of Florida, the states third-largest financial institution, which is among the Top 100 in the country. Sometimes you just need to reach out to get a little help. That commitment is the foundation for all our efforts to be socially responsible and to give back to the people and communities around us in impactful and lasting ways. The core values you learned through military service can be the foundation for future success at City National Bank. So far, the Combating Redlining Initiative has secured over $75 million dollars in relief for communities that have suffered from lending discrimination. Since he took the reins of City National Bank of Florida in 2009, Jorge has diversified and expanded the bank to include: Business and Personal Banking, Commercial Banking, Corporate Banking, Private Banking, Wealth Management, Commercial Real Estate, and specialty finance subsidiary BciCapital. This website uses JavaScript to ensure the best experience through the site. At City National, we are committed to ensuring that all consumers have an equal opportunity to apply for and obtain credit, it said. The average net worth of a Black family is a fraction of a typical white household, and homes in historically redlined neighborhoods are still worth less than homes in non-redlined communities. We'd love to hear from you! Get your all-access pass for total mobility. Juan Esterripa is Executive Vice President, Wholesale Banking Executive for City National Bank of Florida (CNB) and has more than 25 years of banking experience. Jorge helped redesign the bank's business model in an innovative way, focusing on our clients and our community while emphasizing an exceptional client experience, building long-lasting relationships, and investing in the communities we serve. Under his leadership, City National Bank of Florida expanded to more than 20 locations throughout Florida, becoming one of the largest community banks in the nation. soflbi.com . A complaint filed in federal court on Thursday alleged that from 2017 through at least 2020, the Los Angeles-based bank received fewer applications in majority-Black and Hispanic neighborhoods in Los Angeles County compared with other . cnb.com is a registered trademark of City National Bank. is Executive Vice President, Co-General Counsel and Director of Asset Recovery for City National Bank of Florida (CNB) and has more than 20 years of banking experience. John holds a Bachelor of Arts in Finance and an M.B.A. in Management from Pace University Lubin School of Business, in New York. City National is the largest bank headquartered in Los Angeles and among the 50largest banks in the United States. Yes, No Report Abuse. She also manages the bank's Treasury Management division. Largest Redlining Settlement Agreement in Department History; Departments Combating Redlining Initiative Secured Over $75 Million for Neighborhoods of Color to Date, Download Notice of Lodging Consent Order.pdf. 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