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City National Bank to Decrease its Prime Interest Rate to 7.50%

Nov 18, 2024

LOS ANGELES — City National Bank announced today that it will decrease its prime lending rate from 7.75% to 7.50%, effective December 19, 2024.

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City National Rochdale, LLC is a SEC-registered investment adviser and wholly-owned subsidiary of City National Bank. Registration as an investment adviser does not imply any level of skill or expertise. City National Bank is a subsidiary of the Royal Bank of Canada. City National Bank provides investment management services through its subadvisory relationship with City National Rochdale. Brokerage services are provided through City National Securities, Inc., a wholly-owned subsidiary of City National Bank and Member FINRA / SIPC.

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