With assets topping $66 million, City National ranks No. 409 among the nation’s 14,000 banks.

Long-time friends Frank Sinatra and Rosalind Russell join Al Hart (second from left) in opening City National’s new 24-story building, one of the tallest in downtown Los Angeles at that time. This office attracts an increasingly diverse clientele of entrepreneurs and their businesses.

The bank’s offerings now include international, trust and investment services, as well as the new, all-purpose Master Charge.

City National Corporation stock is traded over the counter for the first time at a bid price of $19.25 per share. One thousand shares purchased then would, at December 31, 2003, be worth more than $2 million.

Bram Goldsmith is named Chairman and Chief Executive Officer of the bank.

City National expands into Orange County, Calif., with the opening of its Newport Beach office. New banking offices also are opened in Torrance and Encino.

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