How to apply for City National Bank
No monthly maintenance fee if balance or direct deposit requirements are fulfilled, with a hassle-free Personal Checking account.
Opening an Account with City National Bank
City National Bank, headquartered in Los Angeles, California, is a well-known bank that offers personalized financial services and banking solutions to high-net-worth individuals, businesses, and professionals. As a subsidiary of Royal Bank of Canada (RBC), City National Bank has assets of over $95 billion and is an FDIC member bank with a strong capital position.
City National Bank prides itself on prioritizing the welfare of individuals and communities. With the City National Bank App®, customers can conveniently and securely deposit checks, perform transfers, and access various other banking services. The bank’s website also offers a branch and ATM search tool for easy navigation.
Additionally, City National Bank actively contributes to causes and initiatives that benefit the community, education, people, and the planet. In 2022, the bank donated $1.4 million to nonprofits supporting affordable housing, supplied over 4,000 backpacks with school supplies to K-12 students, and had its employees donate nearly $1.8 million through Workplace Giving. The bank also exceeded $1 billion in financial commitments to renewable energy financing.
Some key features of City National Bank include:
- Focus on High-Net-Worth Clients: City National Bank caters to high-net-worth clients by offering specialized services that go beyond traditional banking.
- Personalized Services: The bank prioritizes personalized service and relationship banking, aiming to understand the unique financial needs of its clients and provide customized solutions.
- Wealth Management: City National Bank is well-known for its wealth management and private banking services. Clients can benefit from investment management, financial planning, and estate planning services to help preserve and grow their wealth.
How to Open an Account?
If you’re interested in opening a checking account with City National Bank, follow these steps:
- Choose a Personal Checking Account: Visit the City National Bank website to explore the features and benefits of their personal checking accounts. Select the account that best suits your needs.
- Gather Required Documents: To open a personal checking account, you’ll need your Social Security number, driver’s license or state ID, home address, and debit card or account information for funding the new account.
- Apply for an Account: You can apply for a personal checking account online through the bank’s website or in person at a local branch. Online applications require personal information verification and choosing features and funding options. In-person applications can be made by scheduling an appointment with an associate at a nearby financial center.
- Fund Your Account: Depending on the bank’s requirements, you may need to make an initial deposit to fund your new account. This can be done by transferring funds from an existing account or making a cash deposit.
- Receive Account Details: Once your application is approved, you’ll receive confirmation of your new account along with any additional steps necessary to finalize the account opening process.
Discover First Commonwealth Bank
If you’re considering other banking options, take a look at First Commonwealth Bank. They offer four different checking accounts, each designed to meet various financial needs. Moreover, new checking account customers can earn $200. Here’s a closer look at one of their accounts, Confidence Checking:
- No overdraft fees ever
- No opening deposit required
- No monthly deposit or balance requirements
- Eco-friendly Mastercard debit card made from ocean-bound plastic, no paper checks, and the ability to enroll in eStatements
- Certified as meeting the Bank On National Account Standards for safe and affordable accounts
- $5 monthly service charge waived when you complete 5 or more customer-initiated transactions during your statement cycle
