City National Bank offers great CD rates to help you grow your savings. With secure options and competitive returns, it’s the perfect way to start building your financial future. To make the financial route more clear and smooth for you, here is the quick guiding horizon stated below that you can seek help from.

City National Bank CD Rates Offers

The precise CD rates Offered by City National Bank are described below;

12-Month CD

Key Features

  • APY: 2.48%
  • Minimum Balance for APY: $500


Shorter commitment period with a fixed interest rate.

Pros & Cons

Competitive 2.48% APYShorter investment period
$500 minimum balance for optimal gainsLimited flexibility for those needing liquidity

24-Month CD

Key Features

  • APY: 2.02%
  • Minimum Balance for APY: $500


Slightly higher APY with a two-year commitment.

Pros & Cons

Solid 2.02% APY over 24 monthsModerate commitment period
$500 minimum balance for optimal gainsNot as short-term as a 12-month option

36-Month CD

Key Features

  • APY: 1.66%
  • Minimum Balance for APY: $500


A moderate commitment period with competitive returns.

Pros & Cons

Attractive 1.66% APY for 36 monthsModerate commitment period
$500 minimum balance for consistent growthLess flexibility for shorter-term goals

60-Month CD

Key Features

  • APY: 1.31%
  • Minimum Balance for APY: $500


Offers the highest APY for those comfortable with a longer investment horizon.

Pros & Cons

Impressive 1.31% APY over 60 monthsLongest commitment period

How do City National Bank CD Rates Compare?

City National Bank’s CD rates, especially for mid to long-term terms, showcase a commitment to providing competitive returns. The diversity in terms allows customers to align their investments with specific financial goals. When compared to other financial institutions, City National Bank’s rates stand out as competitive, offering a compelling choice for individuals seeking a balance between returns and commitment duration.

City National Bank’s Certificate of Deposit (CD) rates position themselves competitively in the market, with notable offerings such as a 1.31% APY for a 60-month term and a 2.48% APY for a 12-month option. The bank’s rates are generally favorable across various terms, catering to short-, mid-, and long-term investment preferences, all with a reasonable $500 minimum balance requirement.

Overview City National Bank

City National Bank is based in Los Angeles and has versatile offices available for their clients. They have over $70 billion in assets and continue to grow. Founded in 1954 by a small group of entrepreneurs, City National Bank started expanding in 2000 and hasn’t stopped since.

In fact, in 2015, City National Bank merged with Royal Bank of Canada, a pretty big deal for a US-based bank.

Aside from their CD rates, City National Bank offers Commercial Banking, Private Banking, Preferred Banking, Small Business Banking, Wealth Management, Services for Professionals and firms, International Banking, Treasury Management Services, Entertainment Industry Services, Real Estate Services, and Online Services.

As you can see, there is something for everyone at City National Bank. With over 5,400 employees, you are guaranteed to get the best service possible.


You do not have to be a member of City National Bank to open up a CD with them. Being a member, however, will make it easier for you to open up a CD.

Locations City National Bank 

California – 55 Branches

The branches in California are:

Anaheim, Beverly Hills, Burbank, Burlingame, Camarillo, Carlsbad, Chatsworth, City of Commerce, City of Industry, El Segundo, Encino, Glendale, Irvine, La Jolla, La Palma, Long Beach, Los Angeles, Montecito, Newport Beach, North Hollywood, Oakland, Ontario. Orange, Oxnard, Pacific Palisades, Palo Alto, Pasadena, Pleasanton, Riverside, San Diego, San Francisco, San Jose, Santa Monica, Sherman Oaks, Solana Beach, Studio City, Sun Valley, Torrance, Valencia, Walnut Creek, West Hollywood, Westlake Village and Woodland Hills.

Nevada – 4 Branches

New York – 6 Branches

Delaware, Florida, Georgia, Massachusetts, Pennsylvania, Virginia, Washington DC, and Tennessee – 1 Branch Each

Frequently Asked Questions

How often is interest compounded on City National Bank CDs?

Interest on CDs is typically compounded daily, enhancing overall returns.

Is there an option to automatically renew CDs at maturity?

Yes, automatic renewal options are available for added convenience.

Can I open a City National Bank CD online, or do I need to visit a branch?

Yes, you can easily open a CD online, offering a convenient and accessible process.

Can I access interest earnings before the CD matures?

Generally, interest is paid at maturity, but options may vary, so it’s advised to check specific terms.

Are City National Bank CD rates fixed for the entire term?

Yes, the CD rates are fixed for the entire chosen term, providing a predictable return on investment.