Talk with us:
Learn more about our Vendor Diversity program from City National's Sal Mendoza. Sal began his banking career in 1982 as an affirmative action officer in the bank's Human Resources Department. He is chairman of the board of directors of the Los Angeles Neighborhood Housing Services and is also a member of the board of directors of CHARO Community Development Corporation and the San Fernando Financial Development Corporation.
Q: How long has City National Bank had its Vendor Diversity program?
A: An informal effort to track and do business with minority- and women-owned firms had been in place for years, but we formalized our Vendor Diversity program more recently in the summer of 2010.
Q: How does City National decide which vendors are accepted into the Diversity
A: We evaluate potential vendors on the basis of their experience, quality of service/delivery and competitive pricing.
Q: How many firms do you interview every year? If I get an interview does that mean I'll probably be accepted into the program?
A: We get many applications and we interview about 100 of those firms a year. However, not every firm we interview is accepted into the program.
Q: If my firm is accepted into the Vendor Diversity program, does that guarantee I get your business?
A: No, once you're in the program we can't guarantee that our departments will purchase your products or services. That's completely up to their discretion. But they will definitely be informed about your business and your desire to work with City National.
Q: Can I still be a City National vendor if my firm isn't accepted into the Diversity Program?
A: Absolutely! Even you don't qualify as a Diversity Vendor you can still become a vendor for City National. All businesses are welcome and we invite and encourage everybody to apply to be on our vendor list.
Q: Are there any restrictions on the types of businesses included in your Vendor Diversity
A: Just about any kind of vendor can apply for the program. You could be a small or large business and offer any kind of service or product. The only types of businesses categorically excluded are gambling and adult entertainment.
Interested in becoming a preferred vendor partner with us? Call Theresa Don Lucas of our Community Reinvestment team at (213) 673-7552.