City National Bank of Florida (CNB) has been named Local/Community Bank of the Year by South Florida Business Journal in the publication’s inaugural Excellence in Banking and Finance Awards.
CNB President and Chief Executive Officer Jorge Gonzalez was also named a finalist in the Financial CEO of the Year category.
The awards recognize South Florida’s “Best in Banking” as selected by an independent panel of financial professionals and consultants.
The award panel stated that no other bank has had more of a positive impact on the business community over the past year than City National Bank.
“We are both humbled and gratified by this honor,” Gonzalez said. “Our people and our clients make us who we are. They deserve much of the credit for helping CNB grow and continue to have a positive impact on the communities we serve. We thank them for their loyalty.”
Other contributing factors, according to the Business Journal, were the Bank’s $400 million in loans during the first half of 2011, the addition of seven new banking centers since 2010 and more than $30 million in earnings through September.
In the past two years, City National has opened banking centers in Kendall, Bird Road and Coral Springs and will open a location on U.S. 1 in South Miami next year.
CNB has always had a large presence in Miami Beach. The bank currently has locations in South Beach and on 41st and 71st streets.
The award panel also cited the bank’s extensive community and charitable outreach. CNB has been a key contributor to both the United Way and March of Dimes through corporate donations and employee fundraising. CNB’s commitment to the business community is demonstrated through significant partnerships with the chambers of commerce, including those in Greater Miami, Miami Beach and Coral Gables.
“Being a partner in the community is such an important part of what we do,” Gonzalez said. “We want to be your neighborhood bank but with all the technology and products you’d expect from a big bank. As we like to say, we’re large enough to give clients what they want and small enough to do it the way they want.”
Founded in 1946 in Miami Beach, City National is the sixth-largest Florida-based bank. The bank is a subsidiary of Caja Madrid, which was founded more than 300 years ago and is one of Spain’s largest financial institutions. CNB offers a diversified portfolio of financial products and services at 26 banking centers from Miami-Dade County to the greater Orlando area.