City National Bank Reopens Palisades Village Branch

Branch restores in-person banking services to Pacific Palisades families and businesses following its closure in the wake of LA wildfires

LOS ANGELES, Oct. 6, 2026 /PRNewswire/ -- City National Bank today announced the reopening of its Palisades Village branch, returning in-person banking services and welcoming back clients in Pacific Palisades as the community continues to recover from the wildfires that swept through Los Angeles County in 2025. The rebuilt branch offers personal and business banking services to local families and businesses.

The Palisades Village branch, which City National has operated for more than a decade, was among the businesses displaced when the wildfires devastated the Pacific Palisades community in January 2025. The reopening returns a full-service banking presence to the area at a time when many residents and business owners are navigating insurance claims, financing needs and cash-flow challenges.

"Reopening our branch doors means welcoming back the neighbors, partners and business owners we've had the privilege of serving for years," said Lindsay Dunn, executive vice president and head of Personal & Business Banking. "Many of our clients lost homes or businesses in the fires. We're here to help them navigate their financial needs as the community continues to rebuild and recover. Having a local branch open again means they can sit down with us face-to-face when they need us most."

City National is marking the reopening with special in-branch activities throughout October, inviting the community to reconnect and celebrate the return of banking services to the Palisades Village.

City National's Wildfire Relief Efforts

Following the wildfires in Southern California, City National and parent company Royal Bank of Canada (RBC) collectively donated $3 million to immediate and sustained relief efforts to support affected families and communities.

The donation supported relief efforts including:

• Food Security: 2+ million meals served
• Essential Supplies: 2+ million hygiene kits, household items and baby essentials donated
• Emergency Shelter: 5,000+ households provided critical temporary housing
• Housing Stability: 3,500+ households receiving rental assistance

City National also offered a three-year mortgage and HELOC forbearance period for qualifying clients experiencing hardship due to the fires or whose homes were destroyed, to help families manage financially during rebuilding.

Full-Service Banking Back for the Palisades

The 1,423-square foot branch includes two private consultation rooms for personal banking and mortgage consultations, an ATM and three service desks. The renovated branch will feature local artwork and decorative elements that reflect the character and resilience of the community, creating an environment where clients feel connected and supported.

"We never stopped serving our Palisades clients — we just couldn't do it physically from here," said Evelyn Peera, branch manager. "Now that we're back on Sunset Boulevard, someone who needs to refinance a mortgage, apply for a business loan or just sit down with a banker can walk in and do that."

Located at 15273 W. Sunset Blvd, Pacific Palisades, CA 90272, the Palisades Village branch is now fully open for in-person services Monday through Friday, 9 a.m. to 5 p.m. The branch's ATM is available 24 hours.

About City National

City National Bank is dedicated to helping clients thrive and communities prosper. Founded in 1954, City National is the largest bank headquartered in Los Angeles with $100 billion in assets as of July 31, 2026. 

A subsidiary of Royal Bank of Canada, City National delivers personalized service and specialized expertise in wealth management and private banking, entertainment and sports banking, commercial banking, and consumer banking, with branches and banking offices in major markets across the Western, Mid-Atlantic and Southeast U.S. City National and its affiliates RBC Rochdale, RBC Securities and RBC Trust Company (Delaware) Limited manage or administer $113 billion in client investment assets. In 2025 alone, the company made charitable contributions of nearly $11 million to nonprofits that support the communities it serves.

City National Bank. Member FDIC. RBC Rochdale, LLC, is an SEC-registered investment adviser and wholly owned subsidiary of City National Bank. RBC Securities, Inc., is an SEC-registered investment adviser and broker-dealer, Member FINRA / SIPC, and an indirect, wholly owned subsidiary of Royal Bank of Canada. RBC Trust Company (Delaware) Limited is a wholly owned subsidiary of City National Bank. City National Bank does business in the state of Florida as CN Bank. For more information, visit cnb.com.

About Palisades Village

Caruso's Palisades Village is a bespoke walkable village with over 40 uniquely curated boutiques, entertainment and fresh food experiences. Originally opened in 2018, Palisades Village quickly became a beloved gathering place for the Pacific Palisades community. Following the historic Los Angeles fires, the property temporarily closed in 2025, underwent a comprehensive restoration, and reopened in August 2026. Today, it is home to a curated collection of specialty retailers, ranging from unique local concepts and first brick-and-mortar ventures to sought-after fashion brands and first West Coast outposts. True to Caruso's commitment to offering unparalleled guest experiences, Palisades Village is home to an extensive selection of dining venues, the historic Bay Theater, a specialty grocer, concierge service, a community room and a beautifully landscaped green space. The first business district in California to be certified LEED Gold by the United States Green Building Council (USGBC) for outstanding innovation and leadership for environmental sustainability, Palisades Village is a truly one-of-a-kind destination. For more information, please visit Palisades Village at https://palisadesvillageca.com/ or on Instagram @PalisadesVillage.

SOURCE City National Bank