FOR IMMEDIATE RELEASE
June 19, 2019
Paul C. Stowell, City National Bank, 702.952.4415
City National Bank Hires James Rimpo
As Business Banking Relationship Manager
LAS VEGAS, NV – City National Bank, Nevada’s Premier Private and Business Bank®, today announced that it has hired well-known banking professional James Rimpo as vice president and business banking relationship manager in its Personal and Business Banking group in southern Nevada. Rimpo joins City National with 38 years of experience in the financial industries.
Prior to joining City National, Rimpo worked for Nevada State Bank as a corporate relationship manager, team leader and corporate credit manager. In his new position with City National, Rimpo will be responsible for developing and managing client and prospect relationships in his assigned business segment and supporting multiple branch locations. Developing new business through booked loans and deposits, treasury and wealth management, international banking and much more will be his primary focus.
Rimpo is part of a business banking group within City National that focuses on companies with revenues up to $40 million. In the last six months Rimpo and his team have been given more responsibilities to source and service middle market companies with revenues between $20 million and $40 million. The bank’s branch network continues to service businesses with revenues under $3 million.
Rimpo is located at the bank’s Las Vegas Regional Center in Summerlin at 10801 W. Charleston Boulevard near the Red Rock Hotel and Casino. He reports directly to Bruce Ford, senior vice president and Nevada regional banking manager for City National.
“We are excited to have Jim join City National and its growing team of business banking relationship managers in Nevada,” Ford said. “Jim is well-known and highly regarded throughout the Las Vegas valley, and has a wealth of experience and keen understanding of the southern Nevada market. He is a proven leader and someone who can help City National achieve its goal of becoming the most recommended financial provider in Nevada.”
Prior to working for Nevada State Bank, Rimpo worked for First Interstate Bank of Nevada as a business banking officer and real estate analyst. During his professional career he has also worked for Sun Bank in South Florida, where he began his career in 1981.
Rimpo is a graduate of Florida Atlantic University, where he earned a Bachelor of Business Administration degree in Finance. He also attended the University of Nevada, Las Vegas where he completed a number of graduate courses in Accounting. He’s also licensed with the Nationwide Mortgage License System (NMLS) and a State of Nevada Notary Public.
Rimpo is actively involved in the community through nonprofit board involvement, volunteer outreach and professional affiliations. He has been affiliated with several trade organizations, including the Las Vegas Metro Chamber, Henderson Chamber, Latin Chamber, CCIM, and RMA. He is also a former board member of the Clark County Public Education Foundation.
About City National
With $53.6 billion in assets, City National Bank provides banking, investment and trust services through 70 offices, including 19 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis and Washington, D.C. In addition, the company and its investment affiliates manage or administer $75.1 billion in client investment assets.
City National is a subsidiary of Royal Bank of Canada (RBC), one of North America’s leading diversified financial services companies. RBC serves more than 16 million personal, business, public sector and institutional clients through offices in Canada, the United States and 34 other countries.
For more information about City National, visit the company’s website at cnb.com.