MINDEN, Nev., Nov. 1, 2007 (PRIME NEWSWIRE) -- City National Bank today announced that it has forged a community partnership with Austin's House in the Minden/Gardnerville area and provided this well-known nonprofit group with a $1,000 donation to help care for homeless children throughout Douglas County. The bank also announced today that Pam Pugliese, vice president and branch relationship manager of its full-service branch in Minden, is being considered for a position on the board of directors of this organization. (For an image related to this story, go to http://www.cnb.com/images/photos/release-10232007.jpg.)
Austin's House, also known as the Carson Valley Children's Center, is a group foster home that provides services and care for up to 10 children at a time between the ages of birth to 17 years old. Resident children are referrals from Child Protective Services, the Douglas County Court system, homeless children and other children in crisis who are in need of shelter. This fairly new nonprofit agency is designed for short-term placements of Douglas County youth who are in crisis situations.
"We couldn't be more pleased with City National Bank's commitment to supporting Austin's House with both monetary and human resources support," said Pam Wise, executive director of Austin's House. "We depend on community partners like City National to help us raise the more than $500,000 a year it takes to operate this housing facility. Austin's House fills a void in services to children in need in Douglas County, and based on community needs we will strive to incorporate more services to children and families as we grow."
Austin's House was built with the help of the Douglas County Sheriff's Office, and works very closely with the Douglas County Social Services, Douglas County Juvenile Probation Office and the Douglas County Court Appointed Special Advocate Program. The organization provides 24-hour supervised services and care for its residents, including proper nutrition, hygiene, rest, nurturing, recreation, companionship and education. Children will stay at this facility until they can either be returned to their parents or appropriate housing can be located for them with a relative, foster home or other approved homes.
"We are very excited to get involved with Austin's House and help provide children in crisis with a caring and nurturing environment that every child wants and deserves," said Jerry Gregory, senior vice president and Northern Nevada regional manager of City National Bank. "We're also very proud to have one of our own get directly involved in this organization by serving on the board of directors and volunteering her time and services to helping make a difference in the lives of those children living in this facility."
Gregory added that senior officers of the bank are encouraged to get involved in community and nonprofit organizations through board positions and volunteer support. In addition to Austin's House, Pam Pugliese and her staff at the Minden banking office are involved in a number of community programs such as the Minden Rotary Club, Meneley Elementary School, Minden Village Association, March of Dimes, Juvenile Diabetes Research Foundation, various youth organizations and more. This year, City National anticipates donating more than $100,000 in monetary and in-kind support, and over 1,500 hours of volunteer outreach to more than 75 nonprofit and community-based organizations throughout Nevada.
The bank contributes financial, in-kind and volunteer assistance to nonprofit institutions and organizations that enhance the quality of life and promote public interest where the company conducts its business. The four main areas of the bank's philanthropic outreach include education, health and human services, community development, and arts and culture.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $15.5 billion in total assets, and provides banking, investment and trust services through 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its nine majority-owned investment affiliates manage or administer more than $59 billion in client investment assets, including $37.1 billion under direct management.
City National has eight branch offices in Nevada, including four in Las Vegas and one each in North Las Vegas, Reno, Carson City and Minden. The bank also has loan production offices in Reno and Stateline in South Lake Tahoe.
For more information about City National, visit the company's Website at cnb.com.
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