LAS VEGAS, Jan. 11, 2010 (GLOBE NEWSWIRE) -- City National Bank today announced its philanthropic performance in Nevada for 2009 and the extensive nonprofit organizations and charitable causes it supported last year. The bank contributed monetary and in-kind support of more than $125,000 to 70 nonprofit and community organizations in 2009.
In-Kind and volunteer outreach reached record levels as part of the bank's philanthropic performance last year. Bank colleagues donated more than 1,300 hours in volunteer service, which included serving on nonprofit boards, reading to students at various elementary schools, staffing charitable events such as the Magical Forest event in Las Vegas, and much more.
"Our community outreach last year was very impressive given the challenges we all faced with the struggling economy," said Larry Charlton, senior vice president and Nevada regional executive of City National Bank. "This year will be equally as challenging as last year as we try to help more nonprofit organizations with fewer dollars. We have become much more creative in our approach to helping our community partners."
Charlton highlighted the bank's $40,000 in-kind donation of office space and equipment to Community Health Charities of Nevada last year as an example of how the bank looks for innovative ways to help meet the needs of communities in Nevada. "Given the lingering economic challenges still facing Nevada this year, City National will once again look for ways to help nonprofit groups beyond its traditional monetary support."
Following is a list of nonprofit organizations City National helped with monetary, in-kind and volunteer support in 2009:
-- Academy of Facial Plastic and Reconstructive Surgery -- American Cancer Society -- American Heart Association -- American Red Cross -- Arthritis Foundation -- Associates to End Domestic Violence -- Autism Coalition of Nevada -- Austin's House -- Barone & Reed Food Company -- Big Brothers Big Sisters of Southern Nevada -- Boys & Girls Club of Western Nevada -- Berean Christian Fellowship of Las Vegas -- Capital City Circles Initiative -- Carson City Little League Baseball -- Carson Valley Arts Council -- Carson Valley Babe Ruth League -- Carson Valley Community Food Closet -- Carson Valley Lions Club -- C.C. Meneley Elementary -- Chorus of the Comstock -- Clark High School Academy of Finance -- College of Southern Nevada Foundation -- Community Health Charities of Nevada -- Consumer Credit Counseling -- Eagle Valley Children's Home -- Elmcrest Elementary School -- Gardnerville Elementary School -- Girls Scouts Frontier Council -- Gragson Elementary School -- Hancock Elementary School -- Helen Jydstrup Elementary -- Herron Elementary School -- HomeAid of Southern Nevada -- John C. Fremont Elementary -- Johnston Middle School -- J.T. McWilliams Elementary -- Juvenile Diabetes Research Foundation (JDRF) -- Keep Memory Alive -- Kids to Kids -- Las Vegas Area Council of the Boy Scouts of America -- Las Vegas Host Lions Club -- Las Vegas Mayor's Breakfast -- Lied Animal Foundation -- Lied Discovery Children's Museum -- Las Vegas Rescue Mission -- Meadows School -- Minden Rotary Club -- Nature Conservancy -- Neighborhood Housing Services of Southern Nevada -- Nevada Cancer Institute -- NevadaGives -- Opportunity Village -- Paradise Elementary School -- Peavine Elementary School -- Rape Crisis Center -- Rotary International Foundation -- Rowe Elementary School -- Safe Nest -- Sierra Lutheran High School Boys and Girls Basketball Teams -- Sierra Nevada Community Land Trust -- Society for the Prevention of Cruelty to Animals -- St. John Greek Orthodox Church -- Three Square Food Bank -- United Way of Southern Nevada -- UNLV Foundation -- UNR Pack "Educational Basketball" -- UNR "Starting Five" -- Western Nevada Community College Foundation -- Women's Development Center -- YMCA of Southern Nevada
City National encourages its senior level officers to serve on the board of directors of at least one nonprofit organization each year. 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 $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.
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 a loan production office at Stateline in South Lake Tahoe.
For more information about City National, visit the company's Website at cnb.com.
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