City National Bank in Beverly Hills has extended its marketing relationship with U.S. Bancorp's Elavon Inc. by five years.

The City National Corp. unit said Tuesday it would continue to offer Elavon's merchant processing services to its business customers, as it has for the past 15 years. Elavon was called Nova Information Systems until April.

"Elavon provides the value-added payment processing solutions our merchant clients need," Steven Wildemuth, City National Bank's senior vice president and group manager for cash management, said in a press release.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.