Rick Bechtel

EVP & Head of U.S. Mortgage
City National Bank
LENDING

Rick Bechtel, executive vice president and head of U.S. mortgage at City National Bank, brings over 30 years of experience in residential lending. Based in Los Angeles, he leads CNB’s mortgage strategy, overseeing sales, operations, capital markets and servicing. Under Bechtel’s leadership, CNB expanded its mortgage and home equity capabilities, including the City National Ladder Up Home Loan Grant. The grant is $20,000 across California, New York and New Jersey, including for purchases in majority Black and Hispanic census tracts in Los Angeles. The Community Lending Team, now 30 members strong, has partnered with over 50 nonprofits and hosted nearly 400 workshops in 2024. Bechtel also serves on the LA Area Chamber of Commerce Board of Governors, collaborating with city leaders to drive economic progress.