City National Bank of Florida in Miami has formed a law firm group.
The $20.2 billion-asset company said the newly created group will provide services such as credit lines, debtor-in-possession accounts, receivership accounts, escrow services, plaintiffs’ firm financing and corporate trustee services.
The group will also serve individuals, including law firm partners, shareholders and their lawyers.
Jason Timmons, the group’s leader, joined City National in February after working at Seaside Bank and Trust for nearly seven years, according to his LinkedIn profile.