CRA

City National Bank has been awarded a "Satisfactory" rating by the Office of the Comptroller of the Currency (OCC) for its commitment to the letter and spirit of the Community Reinvestment Act (CRA). By awarding this rating, the OCC acknowledged that City National Bank is continuing to meet the credit needs of all its segments of its communities.

The Community Reinvestment Act enacted by the Congress in 1977 and revised in May 1995, is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.