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VALLEY BUSINESS | BUSINESS ROUNDUP

Bank Branch Opens Near Major Studios in Valley

March 02, 1999

Drawn by the money in the entertainment industry in the eastern San Fernando Valley, City National Bank opened a branch Monday in Burbank, its second Valley branch opening in less than a year.

The branch, located in the Media City Center, aims to serve the entertainment industry and capitalize on the overall growth of the east Valley, a bank spokesman said.

City National, which now has 39 branches in Southern California, with five in the Valley, is a $6.4-billion federally chartered independent bank. City National Corp. is publicly owned, with shares traded on the New York Stock Exchange.

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