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Executive National Bank

From Wikipedia, the free encyclopedia
Executive National Bank
Company typePrivate company
IndustryFinancial services
Founded(1972 (1972)) as Jefferson National Bank
Defunct2019 (2019)
FateAcquired
SuccessorCity National Bank of Florida
Headquarters,
Area served
Miami-Dade County
Key people
Carlos A. Safie (Chairman and CEO)
ProductsConsumer Banking, corporate Banking, investment banking, investment management, private equity, loans, mortgages, and credit cards
Number of employees
100 approx. (2009)
Websitewww.executivebank.com [dead link]

Executive National Bank was an American bank headquartered in the Miami, Florida that was acquired by City National Bank of Florida in 2019.[1] Before its acquisition the bank had five branches throughout Miami-Dade County.

Executive National Bank has been a member of the CDARS network.

Corporate history

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The bank was founded as Jefferson National Bank, charter number 15974, in 1972. In 1981, it was acquired by the Safie family and renamed Executive National Bank. It was wholly owned by the Executive Banking Corporation, a one bank holding company,[2] which had maintained continuous control of the bank with Carlos Safie as president and CEO.[3]

Rendering of headquarters and original branch in Kendall, a suburb of Miami

In 2019 the bank was acquired by City National Bank of Florida and the its branches rebranded as City National Bank. City National is owned by Chilean bank Banco de Crédito e Inversiones (BCI).

References

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  1. ^ "One of Miami's oldest banks just announced a major acquisition". The Miami Herald. September 25, 2019.
  2. ^ "OCC: Executive National Bank" (PDF).
  3. ^ http://www.executivebank.com/about-us Welcome to Executive National Bank
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