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Rodney F. (Rod) Banks is executive vice president and head of City National Bank’s Commercial Banking Services. In this capacity, he is responsible for commercial banking strategy, business development and client service in California and Nevada. He also oversees the coordinated delivery of credit, depository and cash management services to middle-market companies, and, in concert with the company’s Private Client Services and Wealth Management divisions, provides clients with trust, investment management, brokerage and advisory services.
Mr. Banks, who joined the company in January 2008, also is a member of the bank’s Executive Committee.
Mr. Banks has been in financial services for more than 31 years, including eight years in California as Bank of America’s business and commercial banking head. From 2005 to 2007, he served as regional president of business banking for California, Arizona, Nevada and New Mexico. From 2002 to 2005, Mr. Banks was the regional small business banking executive for California, Nevada and Arizona. Before that, he was Bank of America’s California commercial banking head from 1999 until 2002.
Between 1983 and 1999, Mr. Banks served in a variety of roles in the southeast United States with Bank of America (and predecessor banks NationsBank and Citizens and Southern Bank), including client manager, SBA (Small Business Administration) manager, Atlanta area executive, corporate sales manager and regional commercial head for the mid-south banking region.
Beginning in 1980, Mr. Banks spent two years as a national bank examiner with the Comptroller of the Currency and one year as a commercial banker with Gainesville National Bank in Georgia. He began his career in 1978 in public accounting.
Active in the community, Mr. Banks is an executive board member of the California Council on Economic Education, and a past chairman and current member of the board of governors of the Los Angeles County Economic Development Corp. He is a member of the boards of directors of the California Chamber of Commerce and the Los Angeles Area Chamber of Commerce, where he also sits on its executive committee.
He also has served on the boards of the Southern California Leadership Council and the United Way of Greater Los Angeles.
A native of Georgia, Mr. Banks earned a bachelor's degree in accounting from Georgia State University, attended the Stonier Graduate School of Banking at Rutgers University, the Duke University Executive Management Program and the Leadership Institute's Leadership at the Peak Program in Boulder, Colo.