City National Bank of Florida (CNB) announced that it has hired Alexandra Ruiz as Assistant Vice President, Personal and Small Business Banker in its South Miami Banking Center.
Ruiz has more than 14 years of experience in the banking industry. She comes to City National Bank after three years at BankUnited where she was the assistant branch manager of its South Miami Plaza location. Prior to that, she worked with Bank of America. She began her banking career at SunTrust where she rose through the ranks during her eight-year tenure there in a variety of positions including private banking specialist and financial sales officer. Ruiz brings significant experience and a wide array of important contacts to her new role at City National Bank.
“Alexandra is a wonderful fit with the City National Bank family and we are pleased to have her join our South Miami banking center,” said Mara Rey Suarez, Executive Vice President of Personal and Business Banking with City National Bank. “Her deep roots in the South Miami community will be an asset as we continue to serve this significant community.”
City National Bank has experienced three consecutive years of increased earnings, strong loan growth and superior asset quality. This year, it has continued its excellent financial results with first quarter 2014 pre-tax income of $18.9 million and net income of $11.6 million. CNB’s loan portfolio grew by $407 million and deposits increased by $395 million in the first quarter compared to the previous year.
City National Bank announced last year that Banco de Credito e Inversiones (Bci) has agreed to acquire the Miami-based bank. Bci, the third-largest bank in Chile, has one of the region’s best credit ratings. It becomes the first bank from Chile to purchase a U.S. bank. The acquisition also represents the largest investment by a Chilean company in the United States.
About City National Bank of Florida
Headquartered in Miami, City National Bank (CNB) is the financial institution to which Floridians have turned for more than 65 years. With more than $5 billion in assets, CNB is the fifth-largest financial institution based in the state. City National Bank is one of the most liquid and best capitalized banks in Florida and is rated 5 stars “Superior” by BauerFinancial. CNB was voted Best Community Bank, Best Business Bank, Best Bank for Commercial Real Estate, Best Bank for Jumbo Loans and a top private bank by the readers of the Daily Business Review. The South Florida Business Journal named it Business of the Year in 2013 and Community Bank of the Year in 2013 and 2011. CNB offers a diversified portfolio of financial products and services at 26 convenient banking centers from Miami-Dade County to the greater Orlando area.