Funder Spotlight: City National Bank, Helping Communities Thrive
4.03.2019
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LISC StoriesEconomic Development
City National Bank proudly invests in the communities where they work, live and conduct business. Contributing to the economic and cultural vitality of their communities not only has a positive, measurable impact on the growth and prosperity of those communities, but it makes good business sense for them. City National Bank fosters healthy communities by providing access to important financial services and products, including small business and community development lending and equity investments in projects that strengthen local neighborhoods and support economic development in underserved communities. City National Bank's community development lending is robust and growing, generally amounting to multi-million-dollar loans that:
- Promote economic development
- Provide community services targeted to low- or moderate-income (LMI) individuals
- Revitalize and stabilize underserved geographies by expanding access to consumer goods and services
- Provide affordable housing
City National Bank funded LA LISC’s economic agenda in low-to-moderate income neighborhoods throughout LA County. Here at LA LISC, we are proud to have a longstanding relationship with City National Bank, one that helps us rebuild our region’s struggling neighborhoods together. We appreciate City National Bank’s leadership on our Local Advisory Committee and look forward to working successfully to create vibrant, diverse, and healthy communities that improve the quality of life for Los Angeles families.
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