ORLANDO - The Orlando Magic announce that City National Bank of Florida (CNB) will become The Official Bank and Mortgage Partner of the Orlando Magic and Amway Center beginning in the 2022-23 NBA season.
Through this partnership, CNB will be one of the team's seven "Champion of the Community" (COTC) partners. The team's COTC partnerships represent a unique tier of brands with a shared commitment to the Central Florida community. COTC partners include Walt Disney World, PepsiCo, and Florida Blue. City National Bank, the second-largest bank based in Florida, becomes the first partner whose logo will appear on the Magic’s warm-up shirts, which is a new branding opportunity created by the NBA during the 2021- 22 season.
"The Orlando Magic are thrilled to forge an exclusive partnership with City National Bank of Florida," Magic CEO Alex Martins said. "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.”
Additional pillars of the partnership include a program to recognize small businesses, a financial literacy platform, exclusive access to Magic experiences for the bank’s clients, naming of the reception room in Amway Center to the City National Bank Hourglass Room, and prominent branding during all televised Orlando Magic games.
“City National Bank has been a trusted partner to businesses, families, and communities in Florida for more than 75 years, and Orlando and Central Florida are key markets for our growth strategy,” City National Bank of Florida Vice Chairman and CEO Jorge Gonzalez said. “Much more than an iconic brand in Central Florida, the Orlando Magic are an invaluable source of community service and philanthropy, which are values that align closely with CNB’s commitment to supporting more than 300 nonprofits across Florida annually. We’re excited about working with the team to give back in a meaningful way and this partnership underscores our commitment to Central Florida.”
The partnership will also feature brand integration with the Magic, including in-arena digital signage during all Amway Center events, as well as the exterior digital board facing I-4.
“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,” CNB Central Market President Erik Weiner said. “The Magic and CNB share similar values, and we look forward to making a positive impact in the Central Florida community.”
About City National Bank of Florida
City National Bank (CNB) is Florida’s ‘Big Bank Alternative’ and the financial institution to which Floridians have turned for more than 75 years. Miami-based CNB has a presence across South and Central Florida, with more than 1,000 employees statewide and more than $24 billion in assets – up from $3 billion in 2010 – making it one of the state’s largest financial institutions and one of the nation’s fastest-growing banks. CNB is a subsidiary of Chilean bank Banco de Credito e Inversiones (Bci) and remains a community-centric bank guided by local decision-making, with services including commercial banking, real estate lending, private banking, wealth management, international banking, treasury management, corporate, commercial real estate, residential mortgages and specialty financing through its subsidiary, Orlando-based BciCapital. CNB is rated 5 stars "Superior" by BauerFinancial and has earned an “Outstanding” Community Reinvestment Act rating for its lending in underserved communities for 21 consecutive years. CNB was voted Best Community Bank, Best Business Bank, Best Bank for Commercial Real Estate, Best Bank for Jumbo Loans, Best Private Bank, Best Foreign National Mortgage Lender, and Best Wealth Management by the readers of the Daily Business Review. The bank has been named “Best Company for Diversity” by Comparably and has repeatedly been recognized as one of the nation’s “Best Banks to Work For” by American Banker magazine.