City National Bank of Florida

History

City National Bank of Florida was born out of a handshake in 1926. Harvard-trained entrepreneur Baron de Hirsch Meyer met Leonard Abess, an accountant from Providence, RI, who had come to Miami. From the moment they met, their partnership focused on helping small businesses thrive by making loans to companies that otherwise would not have access to credit. Nearly a decade later, the partners opened the pre-cursor to City National Bank, North Shore Bank in 1946, located on 71st Street in North Miami Beach. City National Bank of Florida established various banks under the City National Bank name. When federal regulations allowed, the locations were all merged into one City National Bank of Florida name. Throughout the next 75 years, City National Bank of Florida expanded into Broward and Palm Beach counties, as well as the Orlando and Winter Park communities and Tampa, building a business and a reputation for practical, prudent banking and a best-in-class client experience.

Specialties

Headquartered in Miami, City National Bank of Florida (CNBFL) is the financial institution to which Floridians have turned for 75 years. With more than $22 billion in assets, CNBFL is one of the largest financial institutions based in the state. City National Bank of Florida is a subsidiary of Chilean bank, Banco de Credito e Inversiones (Bci), and remains a South Florida-based community bank with local decision-making.