Influential women shaping finance: Vanessa Montañez – LA Business Journal

February 14, 2024
1 min read

TLDR:
– Vanessa Montañez, the head of community lending at City National Bank, has created a lending program from scratch and built a team of more than two dozen professionals.
– She is focused on expanding mortgage lending to historically underserved communities through community outreach and financial education.

Vanessa Montañez, the head of community lending at City National Bank, is making a difference in the world of finance. Since taking on this role in November 2021, Montañez has built a lending program from the ground up and assembled a team of talented professionals. With over 25 years of experience in residential lending and sales and business development management, Montañez and her team are working tirelessly to improve communities through sustainable homeownership.

One of Montañez’s key initiatives is the bank’s “Ladder Up Home Loan Grant Program,” which aims to make an impact on sustainable homeownership. She leads a nationwide team responsible for developing strategies and programs to expand mortgage lending to historically underserved communities through community outreach and financial education.

In addition to her work in California, Montañez has also expanded the community loan program to New York and New Jersey, further exemplifying City National Bank’s commitment to serving underserved communities. Montañez’s efforts are helping to increase homeownership in these areas and empower individuals who have traditionally been excluded from the housing market.

Montañez’s experience and expertise in residential lending and sales have been instrumental in her success at City National Bank. She has used her knowledge to create a lending program that is tailored to the unique needs of each client, ensuring they receive the support and resources necessary to achieve sustainable homeownership.

Overall, Vanessa Montañez’s leadership and dedication to expanding mortgage lending to historically underserved communities have made her a woman of influence in the finance industry. Her work at City National Bank is making a tangible difference in communities across the country, and she continues to be a driving force behind the bank’s commitment to serving underserved populations.

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