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City National Donates Record Number of School Supplies for At-Risk Students in Five States

LOS ANGELES, Aug. 26, 2015 (GLOBE NEWSWIRE) -- City National Bank, America's Premier Private and Business BankSM, today announced that colleagues of the bank collected over 1,150 backpacks filled with school supplies as part of its 6th Annual Back-to-School Supplies Drive held this month. The bank is donating the backpacks filled with supplies to 37 elementary schools and four nonprofit groups in California, Nevada, New York, Georgia and Tennessee.

What began six years ago by a handful of colleagues in a back office area of the bank has now expanded to include the entire company. This year's donations surpassed last year's school supplies drive by over 24 percent. This is also the third consecutive year that the bank has included backpacks pre-filled with school supplies, which also exceeded last year's amount.

Additionally, bank colleagues are taking part in teaching City National's Dollars + Sense financial literacy program to students at the schools receiving backpack donations. City National started its financial literacy program in 2007 as an enhancement to its award-winning Reading is The way up® literacy program. The Dollars + Sense program is for grades K-12 and teaches age appropriate information about banking and finance.

"Helping students succeed in the classroom is at the heart of our back to school supplies drive," said Jennifer Nickerson, vice president and community relations manager for City National. "Research shows that with the proper tools and resources students will thrive in the classroom if given the opportunity. Our annual school supplies drive is just one of the many educational outreach programs City National provides to schools in the communities it serves."

The school supplies that are part of each backpack include erasers, highlighters, round-tip scissors, packs of wide ruled paper, colored pencils, folders, notebooks, pencil sharpeners, rulers, boxes of crayons, glue sticks, #2 pencils, three-ring binders, and more. In addition to these supplies, bank colleagues donated countless hours of time packaging and delivering the supplies to the various schools receiving them.

The schools and nonprofit groups in the five states receiving supplies are as follows:

California

  • John Marshall Elementary, Anaheim
  • Sunkist Elementary, Anaheim
  • Bel Air Elementary, Bay Point
  • Winnetka Elementary, Canoga Park
  • Monument Crisis Center, Concord
  • Share Our Selves, Costa Mesa
  • Diamond Point Elementary, Diamond Bar
  • Cherryland Elementary, Hayward
  • Assistance League of Los Angeles, Hollywood
  • Academia Moderna Charter School, Los Angeles
  • Atwater Elementary, Los Angeles
  • Carthay Center Elementary, Los Angeles
  • Magnolia Avenue School, Los Angeles
  • Metro Charter Elementary, Los Angeles
  • Solano Elementary. Los Angeles
  • 10th Street Elementary, Los Angeles
  • Barton Elementary, Long Beach
  • The Family Giving Tree, Milpitas
  • Lowman Special Education Center, North Hollywood
  • Lincoln Elementary, Oakland
  • Vincent Academy, Oakland
  • St. Elizabeth Seton School, Palo Alto
  • Foothill Elementary, Riverside
  • Franklin Elementary, Santa Barbara
  • Logan Elementary, San Diego
  • Monarch Elementary, San Diego
  • St. Vincent School for Boys, San Rafael
  • Somis Elementary, Somis

Nevada

  • John C. Fremont Elementary, Carson City
  • C.C. Meneley Elementary, Gardnerville
  • Helen Jydstrup Elementary, Las Vegas
  • Jack Dailey Elementary, Las Vegas
  • Paradise Elementary, Las Vegas
  • Elmcrest Elementary, Reno

New York

  • Hyde Leadership Charter School, Bronx
  • PS 58 School, Bronx
  • PS 153 School, Manhattan
  • PS 134 School, New York

Georgia

  • Dunbar Elementary, Atlanta
  • International Community School, Decatur

Tennessee

  • Carter Lawrence Elementary, Nashville

About City National

City National Corporation (NYSE:CYN) has $33.8 billion in assets. The company's wholly owned subsidiary, City National Bank, provides banking, investment and trust services through 75 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. City National and its investment affiliates manage or administer $61.1 billion in client investment assets, including $47.7 billion under direct management.

On January 22, 2015, City National announced plans to merge with Royal Bank of Canada. The transaction is expected to close later this year, pending regulatory approval and other customary closing conditions.

For more information about City National, visit the company's Website at cnb.com.

(For an image related to this story, go to https://www.cnb.com/PublishingImages/School-Supplies-Drive.jpg . Caption: City National colleagues prepare donations for the bank's 6th Annual School Supplies Drive.)

CONTACT: Media Contact: Paul C. Stowell, City National Bank, 213.673.7602 paul.stowell@cnb.com

Source:City National Bank