LOS ANGELES, Nov. 20, 2009 (GLOBE NEWSWIRE) -- City National Bank is partnering with Barnes & Noble this holiday season for a multi-state book drive that will celebrate the joy of reading and benefit our area schools.
It's part of the world's largest bookseller's annual Holiday Book Drive which runs from November 1 through January 1. To participate in the book drive, holiday shoppers can purchase a book at select Barnes & Noble stores and donate it. City National's Reading is The way up(R) literacy program will match each book donated, up to $50,000, and the books will be distributed to area schools early next year.
"There's no better time than the holidays to celebrate readers at our local schools-- especially this year when so many of our schools are facing tough budget choices," said Carolyn Rodriguez, head of Reading is The way up at City National Bank. "As one of the largest banks in Los Angeles, we at City National understand that a child's education is the best investment you can make."
Nine Barnes & Noble book stores in Nevada, New York and California will participate in the drive. They include:
- Barnes & Noble, Los Angeles (189 The Grove Drive)
- Barnes & Noble, Reno (5555 S. Virginia St.)
- Barnes & Noble, San Francisco (2550 Taylor St.)
- Barnes & Noble, San Jose (2200 Eastridge Loop)
- Barnes & Noble, New York (160 East 54th Street)
- Barnes & Noble, four stores in San Diego area (810 W. Valley Parkway, Escondido; 8860 Genesee Ave., San Diego; 12835 El Camino Real, San Diego; 10775 Westview Parkway, San Diego)
Some of the schools that will receive donated books include: Harlem Link Charter School in New York; Mt. Rose Elementary School in Reno; St. Brendan Catholic School in Los Angeles; Gardener School in San Jose; Pio Pico Elementary in Los Angeles; Golden Hill Elementary School in San Diego; and Spring Valley Elementary School in San Francisco.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $18.4 billion in total assets, and provides banking, investment and trust services through 64 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its eight majority-owned investment affiliates manage or administer $53.4 billion in client investment assets, including nearly $35 billion under direct management.
The City National Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3143
For more information about City National, visit the company's Website at cnb.com.
About Reading is The way up(R)
Seeking to better the education of school children, City National in April 2002 launched a multi-faceted initiative to restock the state's school library system. Since then, the award-winning program has:
- Donated more than 40,000 books to school libraries in California, New York and Nevada.
- Awarded nearly $222,000 to teachers at elementary, middle and high schools for creative literacy projects.
- Helped open 20 new elementary school libraries through its partnership with The Wonder of Reading in Los Angeles.
- Raised more than $275,000 in charitable gifts from colleagues and clients through its Reading is The way up Fund.
The Reading is The way up Fund is a 501(c)(3) administered by the California Community Foundation. Visit www.readingisthewayup.org.