Leading the group, many of whom joined the bank last year, is senior vice president and regional manager Leo Hamill. Also located in the new Montecito office are City National private bankers Annamarie Sharpe and Roy Martinez, as well as Amber Ortiz, a private client advisor, and Susan Rogers, a trust advisor.

CNB's private client staff serve high net worth families, professional service firms, and select non-profits.

Montecito is located in the Central Coast area of California near Santa Barbara and is home to about 9,000 residents. The median home price is $2.7 million, compared to the national average of $179,000.

City National and its investment affiliates manage or administer $60.8 billion in client investment assets, including $48.1 billion under direct management.