City National Bank will open it’s second office in the Southern U.S., citing the South’s growing entertainment and music industry. City National Bank already has an office in Tennessee.
As reported in Variety, City’s David Innes will manage the branch. The bank has always focused on the entertainment industry and about 20% of their bottom line comes from entertainment, music and film clients according to Martha Henderson, VP of Entertainment for the bank.
Besides functioning as a full-service commercial bank, the new branch will continue to provide film production financing and services for the music and sports industries from its Atlanta office.
A Google search and a visit to the City National Bank’s website indicates the branch will be located at 3333 Piedmont Road, NE, Suite 755, 30305. This looks to be the 200 Terminus building. We’ll be keeping an eye out for more information. But this news certainly adds to the credibility of Georgia and Atlanta as an entertainment industry mainstay.
