LAS VEGAS, Jan. 8, 2008 (PRIME NEWSWIRE) -- City National Bank today announced that it enjoyed its fifth consecutive record year for philanthropic outreach in Nevada during 2007. The bank also donated to a record number of nonprofit and community organizations last year, which were more than 70 qualified organizations. The bank's monetary and in-kind support, such as computers and office furniture, totaled over $100,000. Volunteer outreach also reached record levels with bank colleagues donating more than 1,700 hours last year. This is a 33 percent increase over the previous year's monetary and in-kind donations and a 13 percent increase in volunteer services.
"We continue to be very proud of our philanthropic performance and our increased capabilities each year to help more people and communities become better places to live and work," said John Guedry, executive vice president and Nevada region manager of City National Bank. "We view our involvement in the communities we serve as an extension of our bank, and if the community succeeds, we too will be successful."
Guedry, who serves on the boards of Opportunity Village and Women's Development Center, added that while the bank is very pleased with what it achieved last year with its monetary and in-kind donations, the bank is perhaps most pleased with the human resources it was able to provide to nonprofit and community organizations throughout Nevada. "Providing over 1,700 hours of volunteer services to these organizations was no small feat, especially for a company our size."
The following is a list of nonprofit organizations City National helped with monetary, in-kind and volunteer support in 2007:
- American Cancer Society
- American Heart Association
- American Medical Foundation
- American Red Cross
- Associates to End Domestic Violence
- Austin's House
- Bailey Middle School ("One Class at a Time" Teacher
Recognition Award)
- Big Brothers Big Sisters of Southern Nevada
- Blind Center of Southern Nevada
- Booker Elementary School ("One Class at a Time" Teacher
Recognition Award)
- Boys & Girls Club of Western Nevada
- Business Community Investment Council
- Carson/Douglas High School Rodeo Club
- C.C. Meneley Elementary (At-Risk School)
- Center for Independent Living
- Clark High School Academy of Finance
- Cunningham Elementary School ("One Class at a Time" Teacher
Recognition Award)
- Douglas County Food Chest
- Douglas County High School
- Desert Research Institute (DRI) Foundation
- Eagle Valley Children's Home
- Elieen Conners Elementary School ("One Class at a Time" Teacher
Recognition Award)
- Elmcrest Elementary School (At-Risk School)
- Family and Child Treatment Center of Southern Nevada
- Friends of the Las Vegas Youth Orchestra
- Helen Jydstrup Elementary (At-Risk School)
- HELP of Southern Nevada
- Jim Thorpe Elementary School ("One Class at a Time" Teacher
Recognition Award)
- John C. Fremont Elementary (At-Risk School)
- Juvenile Diabetes Research Foundation (JDRF)
- Keep Memory Alive
- Lance Armstrong Foundation
- Las Vegas Area Council of the Boy Scouts of America
- Las Vegas Natural History Museum
- Las Vegas Northwest Rotary Club
- Las Vegas Guns and Hoses
- Lied Discovery Children's Museum
- Lili Claire Foundation
- Lois Craig Elementary (At-Risk School)
- Las Vegas Rescue Mission
- March of Dimes
- Muscular Dystrophy Association
- Nature Conservancy
- Nevada Association of Latin Americans (NALA)
- Nevada Ballet Theatre
- Nevada Cancer Institute
- Nevada Children's Foundation
- Nevada Child Seekers
- Nevada Housing Coalition
- Nevada Partnership for Homeless Youth
- Nevada Patriot Fund
- Olive Crest
- Opportunity Village
- Rape Crisis Center
- Ronald McDonald House Charities of Northern Nevada
- Rotary International Foundation
- Safe Nest
- Sierra Lutheran High School
- Silverado High School ("One Class at a Time" Teacher
Recognition Award)
- Southern Highlands Charitable Foundation
- Southern Nevada Police Athletic League
- St. John Greek Orthodox Church
- Steve Cozine Elementary School ("One Class at a Time" Teacher
Recognition Award)
- Trinity Episcopal Church Carson City
- Through the Eyes of a Child Foundation
- United Blood Services
- United Way of Southern Nevada
- UNLV Foundation
- UNR "Starting Five" Foundation
- West Charleston Lions Foundation
- Western Nevada Community College Foundation
- YMCA of Southern Nevada
City National strongly encourages its senior level officers to serve on the board of directors of at least one nonprofit organization. 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 nine branch offices in Nevada, including five 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.
The City National Bank logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3143