Elliott Rethmeier

Elliott Rethmeier is executive vice president and chief credit officer at City National Bank. He is a member of the bank’s Senior Management Team and leads the Second Line of Defense function that provides independent oversight of the bank’s credit risk. He also supervises the credit approval process, oversees loan portfolio and portfolio analysis, administers credit-training programs for officers and manages special assets.

Elliott has nearly 20 years of financial industry experience and over a decade of managerial experience. He joined City National in July 2024 as a senior credit risk manager covering wholesale credit across the bank, including for First American Equipment Finance and the Commercial, National Corporate, Specialty, and Entertainment & Sports banking groups. He was promoted to his current role in July 2025.

Prior to joining City National, Elliott held diverse and progressively senior roles across a variety of commercial credit disciplines and financial institutions. Most recently, he served as credit solutions director at Fifth Third Bank, where he managed 18 credit teams nationwide, including all middle market underwriting teams and two specialized industry credit teams covering government, institutions and healthcare. Prior to Fifth Third, he held a variety of roles at institutions including Bank of America, Spartan Financial Partners and BB&T.

Elliott earned his bachelor’s degree in economics from the University of California, Los Angeles, and his MBA from the University of South Carolina’s Moore School of Business.