City National Bank Increases its Prime Interest Rate to 7%

Sep 16, 2026

LOS ANGELES — City National Bank announced today that it will increase its prime lending rate from 6.75% to 7%, effective September 17, 2026.

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Non-Deposit Investment Products: • Are Not FDIC Insured • Are Not Bank Guaranteed • May Lose Value

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RBC U.S. Mortgage is a division of City National Bank.
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RBC Rochdale, LLC (“Rochdale”) (formerly “City National Rochdale, LLC”) is an SEC-registered investment adviser and wholly-owned subsidiary of City National Bank. Registration as an investment adviser does not imply any level of skill or expertise. City National Bank is a subsidiary of Royal Bank of Canada. City National Bank provides investment management services through its subadvisory relationship with Rochdale. Brokerage services are provided through RBC Securities, Inc. (formerly “City National Securities, Inc.”), an indirect, wholly-owned subsidiary of Royal Bank of Canada, and Member FINRA / SIPC.

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City National Bank Increases its Prime Interest Rate to 7%

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