City National Bank Invests in Central Florida Markets - S. Florida Business & Wealth

City National Bank Invests in Central Florida Markets

City National Bank of Florida (CNB), headquartered in Miami, formed a partnership to become the Official Bank and Mortgage Partner of the Orlando Magic and Amway Center beginning in the 2022-23 NBA season.

“The Orlando Magic are thrilled to forge an exclusive partnership with City National Bank of Florida,” Magic CEO Alex Martins says. “With City National Bank’s continued commitment growth in Central Florida, we’re excited to assist them with their continued success. As a Champion of the Community, we share a commitment to our community and look forward to seeing the partnership flourish through the many collaborations planned to benefit Central Florida.”

City National Bank will be one of the team’s seven “Champion of the Community” (COTC) partners through this partnership. Other COTC partners include Walt Disney World, PepsiCo and Florida Blue. City National Bank is the second-largest bank based in Florida, with more than 1,000 employees statewide and more than $24 billion in assets. It will be the first partner whose logo will appear on the Magic’s warm-up shirts.

“As an Orlando native and long-time Magic fan, it is an honor to partner with a premier NBA franchise that exemplifies teamwork, trust, and commitment to community,” Erik Weiner says, CNB Central Market president. “The Magic and CNB share similar values, and we look forward to making a positive impact in the Central Florida community.”

You May Also Like
Breaking Down Bankruptcy  

When financial pressure becomes a financial crisis, most people don’t know where to turn or wait too long to ask for help. Chad Van Horn, Esq., founding partner of Van

Read More
Smiling man with curly hair and beard in a suit jacket and white shirt stands in a modern, bright office with desks, computers, and large windows in the background. South Florida Business & Wealth
Three Hidden Due Diligence Risks to Catch Before It’s Too Late

By Charles Ladas, EisnerAmper Whether on the buy-side or sell-side, due diligence can uncover issues that affect valuation, deal structure, and the decision to move forward. While every transaction is

Read More
A pyramid-shaped structure made of triangular, translucent prisms in yellow, white, and blue, arranged in a gradient on a light, softly shadowed surface. South Florida Business & Wealth
Aon to Acquire USI Insurance Services

Global insurance brokerage and consulting firm Aon has agreed to acquire USI Insurance Services from private-equity firm KKR in a deal valued at approximately $17 billion, including debt, according to

Read More
Two people shaking hands, overlaid with images of coins and dollar bills, representing a business deal or financial agreement. South Florida Business & Wealth
BNY Wealth Names Two New Palm Beach Senior Executives

BNY Wealth is expanding its presence in Palm Beach with the addition of two senior executives as the company looks to serve the region’s growing population of ultra-high-net-worth clients. Seth

Read More
Caleb Bowser
Other Posts
Uni K Wax Names Christina Simeone Vice President of Operations

Aventura-based Uni K Wax has named Christina Simeone vice president of operations as the body-waxing franchise continues to expand its national footprint. In her new role, Simeone will oversee studio

Read More
A smiling woman with long brown hair wearing a black blazer and gold earrings. South Florida Business & Wealth
Built For Broward

After years covering destinations around the globe for publications such as Travel + Leisure, Lonely Planet, and National Geographic, Jesse Scott found himself circling back to the same realization: Broward County had stories

Read More
A man and woman smile together in front of a step-and-repeat backdrop with logos reading “Browardist” and “THE WEEKLY 954”. South Florida Business & Wealth
Building Ave Maria 

For Blake Gable, the story of Ave Maria has never been about reaching a set finish line.  Twenty-four years after Barron Collier Companies began work on the Southwest Florida community,

Read More
People sit in golf carts parked near a restaurant with outdoor seating under umbrellas on a sunny day in a lively, colorful urban area with trees and surrounding buildings. South Florida Business & Wealth
A Legacy Catering Company Undergoes a Transformation 

 When Anthony Licata took over Hugh’s Catering, he inherited a South Florida company that had been around since 1979 — and a reputation that, he readily admits, needed some work.

Read More
A large group of people dressed in black pose together indoors, smiling in front of decorative draped fabric and green curtains, under chandeliers. South Florida Business & Wealth