LOS ANGELES, Oct. 1, 2012 (GLOBE NEWSWIRE) -- City National Bank today announced that with the help of its colleagues the bank collected a record of more than 36,000 school supplies for its 3rd Annual Back-to-School Supplies Drive held last month. The bank donated these school supplies to a record number 24 elementary schools and a nonprofit group in California, Nevada, New York, Tennessee and Georgia.
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As part of this year's school supplies drive, bank colleagues also took part in teaching its Dollars + $ense financial literacy program to students at the schools it donated supplies. The bank started this program several years ago as an enhancement to its award-winning Reading is The way up® literacy program. The Dollars+$ense program is for grades K-12 and teaches age appropriate information about banking and finance.
Started three years ago by a number of caring colleagues in the Banking and Investment Services area of the bank, the School Supplies Drive now includes colleagues in five states who donate to this worthy cause. This year's record number of school supplies surpassed last year's donations by more than 8,000 items, "which is a real testament of the caring attitude City National colleagues have for their communities," said Richard Shier, executive vice president and manager of Banking & Investment Services for City National.
"The importance of a child coming to school adequately equipped cannot be overstated," Shier added. "With state budgets strained to the limit, and more children than ever in need, we hope that each donation distributed will make a world of difference in the futures of the students in our communities."
The school supplies collected and donated this year included 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 their time packaging and delivering these supplies to the various schools, along with teaching the Dollars+$ense financial literacy program to hundreds of students.
The elementary schools and nonprofit receiving supplies are as follows:
- Paul Revere Elementary, Anaheim
- Winnetka Elementary, Canoga Park
- Meadows Homes Elementary, Concord
- Share Our Selves, Costa Mesa
- Atwater Elementary, Los Angeles
- Carthay Center Elementary, Los Angeles
- 10th Street Elementary, Los Angeles
- Synergy Charter School, Los Angeles
- Lowman Elementary, North Hollywood
- Lincoln Elementary, Oakland
- Rio Linda Elementary, Oxnard
- Foothill Elementary, Riverside
- Golden Hill Elementary, San Diego
- Redding Elementary, San Francisco
- Walter L. Bachrodt Elementary, San Jose
- International Community School, Decatur
- Fremont Elementary, Carson City
- Jydstrup Elementary, Las Vegas
- Jack Dailey Elementary, Las Vegas
- Elmcrest Elementary, Reno
- Hyde Leadership Charter School, Bronx
- PS 93 School, Bronx
- Carter Lawrence Elementary, Nashville
"This program just gets bigger and better every year thanks to our generous and caring colleagues," said Jennifer Nickerson, vice president and community relations manager for City National. "Even though these are challenging economic times, our colleagues understand and embrace the bank's philanthropic vision of helping build stronger communities, especially through education."
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $24.8 billion in total assets, and provides banking, investment and trust services through 78 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. The company and its investment affiliates manage or administer $58.0 billion in client investment assets, including $32.1 billion under direct management.
For more information about City National, visit the company's Website at cnb.com.
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CONTACT: Media Contact: Paul C. Stowell, City National Bank, 213.673.7602 email@example.com
Source:City National Bank