NEWARK, N.J.--(BUSINESS WIRE)--City National Bancshares Corporation (CNBC) today announced that it has completed its $20 million recapitalization of City National Bank of New Jersey (CNB). This recapitalization is a crucial step in the turnaround of the bank, which experienced difficulties during the economic downturn of 2008, which was especially devastating for African American communities and the banks that serve them. Skopos Impact Fund and The Prudential Insurance Company of America, a sub
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