Executive National Bank

Executive National Bank was an American community bank headquartered in Miami, Florida. Its history began in 1972, when it was established as Jefferson National Bank under charter number 15974. The institution later changed ownership and identity: in 1981, the Safie family acquired the bank and renamed it Executive National Bank. Following the transaction, the bank became wholly owned by Executive Banking Corporation, a one-bank holding company. The Safie family maintained continuous control of the institution after the 1981 acquisition. Carlos Safie served as the bank's president and chief executive officer, linking the bank's ownership structure and day-to-day leadership. Executive National Bank operated as a locally focused financial institution rather than as a nationally distributed banking franchise. Before its acquisition, it maintained five branches across Miami-Dade County and served the needs of customers and businesses in the South Florida market. The bank's activities were centered on conventional community-banking services. Its local branch network supported deposit-taking and banking relationships in Miami-Dade County, while its membership in the Certificate of Deposit Account Registry Service, commonly known as CDARS, connected it to a deposit-placement network used by participating banks. The available reference material does not provide a detailed breakdown of its loan portfolio, product names, assets, revenue, or customer counts, so those details are not included here. Executive National Bank ceased operating as an independent brand in 2019, when City National Bank of Florida acquired it. Following the acquisition, the former Executive National Bank branches were rebranded under the City National Bank name. City National Bank of Florida is owned by Banco de Crédito e Inversiones, commonly known as Bci, a Chilean banking group. The transaction therefore ended Executive National Bank's standalone corporate and retail identity while transferring its local branch presence into the acquiring bank's network. The brand is best understood as a former privately held regional or community-bank brand with a concentrated Miami-Dade footprint. Its defining characteristics were local ownership, family control after 1981, a small branch network, and eventual integration into a larger Florida banking organization. No separate current operations, public listing, ticker symbol, or surviving standalone website are identified in the supplied reference material.

Executive National Bank originated in 1972 as Jefferson National Bank, a federally chartered institution identified by charter number 15974. The bank was established to serve a local banking market in South Florida, although the supplied reference material does not identify its original founders or provide details about its initial branch footprint. A major change came in 1981, when the Safie family acquired Jefferson National Bank. The new owners renamed the institution Executive National Bank, creating the brand under which it operated for the rest of its independent existence. The bank was held through Executive Banking Corporation, described as a one-bank holding company. This structure gave the Safie family continuous control of the institution after the acquisition. Carlos Safie served as president and chief executive officer during the family's period of control. Executive National Bank developed as a concentrated community bank rather than a nationwide institution. Before its acquisition, it operated five branches throughout Miami-Dade County, Florida. Its geographic focus tied the brand closely to the Miami market and to the personal, commercial, and deposit-banking relationships of customers in the county. The available reference does not specify the bank's assets, employee count, earnings, lending mix, or individual account products, and those items cannot be reliably added without further sources. The bank was also a member of the CDARS network. CDARS participation allowed participating financial institutions to use a coordinated deposit-placement system for eligible certificates of deposit and related deposit-management needs. This membership indicates that Executive National Bank offered customers access to a broader deposit-servicing arrangement while continuing to operate as a locally focused bank. The reference material does not establish the dates of its CDARS membership or describe the volume of deposits placed through the network. In 2019, City National Bank of Florida acquired Executive National Bank. After the transaction, the five former Executive National Bank branches were rebranded as City National Bank locations. This rebranding ended the Executive National Bank name as an operating bank brand and integrated its physical network into the acquiring institution. City National Bank of Florida is owned by Banco de Crédito e Inversiones, a Chilean bank commonly known as Bci. The acquisition therefore connected the former Miami community bank to a larger Florida banking platform and, indirectly, to an international banking group. Executive National Bank's historical significance rests primarily in its evolution from Jefferson National Bank, its 1981 transition to Safie family ownership, its operation as a Miami-Dade community bank, and its eventual absorption into City National Bank of Florida. It should not be confused with similarly named financial institutions or with any current bank using an Executive National name. Based on the supplied sources, the brand is now defunct as an independent institution, with its former branches operating under the acquiring bank's identity.

• 2019

  Acquired by City National Bank of Florida

  [1]Executive National Banken.wikipedia.org

  City National Bank of Florida acquired Executive National Bank, and the former bank's five Miami-Dade branches were rebranded under the City National Bank name.

• 1981

  Safie family acquisition and renaming

  [1]Executive National Banken.wikipedia.org

  The Safie family acquired Jefferson National Bank and renamed it Executive National Bank. Executive Banking Corporation became the bank's one-bank holding company.

• 1972

  Jefferson National Bank founded

  [1]Executive National Banken.wikipedia.org

  The institution was established as Jefferson National Bank under charter number 15974.

A locally controlled Miami-Dade community bank serving retail and business customers through a compact branch network before its 2019 acquisition.

• Banking

  Community banking services

  Executive National Bank operated as a locally focused community bank serving Miami-Dade County through a five-branch network before its 2019 acquisition. The reference material establishes its branch presence and banking orientation but does not document a complete catalog of named checking, savings, lending, treasury, or wealth-management products.

• Deposit services

  CDARS participation

  The bank was a member of the CDARS network, a coordinated deposit-placement service used by participating financial institutions. The supplied source confirms membership but does not provide the dates of participation, account terms, or the scale of deposits placed through the network.

• 2019

  Acquisition and branch rebranding by City National Bank of FloridaM&A

  Background

  Executive National Bank was operating five branches in Miami-Dade County when City National Bank of Florida acquired the institution.

  Action taken

  City National Bank of Florida acquired the bank and rebranded its former branches as City National Bank locations.

  Aftermath

  Executive National Bank ceased operating as an independent bank brand. City National Bank of Florida became the operating identity for the former branch network.

  Source

• 1981

  Rebrand following ownership changeStrategy

  Background

  The Safie family acquired Jefferson National Bank and changed its name as part of the ownership transition.

  Action taken

  The institution was renamed Executive National Bank and placed under Executive Banking Corporation, a one-bank holding company.

  Aftermath

  The Executive National Bank identity remained in use until the institution was acquired and rebranded in 2019.

  Source

1. 1Executive National Banken.wikipedia.org