City National Bank and Barnes & Noble Team Up Again for the Holidays

Bank to Match Each Book Donation for Local Schools up to $50,000


LOS ANGELES, Nov. 28, 2011 (GLOBE NEWSWIRE) -- City National Bank is partnering once again with Barnes & Noble this holiday season for a multi-state book drive that will celebrate the joy of reading and benefit area schools in California, Nevada, New York and Nashville, Tenn. This is the first holiday book drive that City National and Barnes & Noble have done in Nashville since the program began in 2008. City National entered the Nashville market in September of this year.

It is 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 as part of this holiday program. City National's Reading is The way up® literacy program will match each book donated, up to $50,000, and the books will be distributed to area schools early next year. 

"The holidays are a great time to help those in need and with all of the budget issues facing our schools today, literacy and books are perhaps some of the greatest gifts we can give our children," said Carolyn Rodriguez, head of Reading is The way up at City National Bank. "As one of the largest and strongest banks in the country, we at City National understand that a child's education is one of the best investments you can make."

Fifteen Barnes & Noble book stores in California, Nevada, New York and Nashville, Tenn., will participate in this year's holiday book drive. The stores include:

California

  • Barnes & Noble, Los Angeles (189 The Grove Drive)
  • Barnes & Noble, Escondido (810 West Valley Parkway)
  • Barnes & Noble, Corte Madera (313 Town Center)
  • Barnes & Noble, Costa Verde (8860 Genesee Avenue)
  • Barnes & Noble, Del Mar (12835 El Camino Real)
  • Barnes & Noble, Mira Mesa (10775 Westview Parkway)
  • Barnes & Noble, Newport Beach (401 Newport Center Drive, #A215)
  • Barnes & Noble, Point Loma (Bookstar, 3150 Rosecrans Place)
  • Barnes & Noble, Riverside (3485 Tyler Street)
  • Barnes & Noble, San Jose (2200 Eastridge Loop)
  • Barnes & Noble, Walnut Creek (1149 South Main Street)

Nevada

  • Barnes & Noble, Reno (5555 S. Virginia Street)
  • Barnes & Noble, Las Vegas (8915 West Charleston Blvd.)

New York

  • Barnes & Noble, New York City (160 East 54th Street)

Nashville

  • Barnes & Noble, Brentwood (1701 Mallory Lane)

Some of the schools that will receive donated books include: Atwater Avenue and Holmes Elementary in Los Angeles; Pomona Elementary in Costa Mesa; San Pasqual Academy in Escondido; Doyle and Curie Elementary, and Correia Middle School in San Diego; Allan Orrenmaa Elementary in Riverside; Bahia Vista Elementary in San Rafael; Ann Darling and Chadwallader Elementary in San Jose; P.S. 93, Albert G. Oliver in Bronx, New York; Tusculum and Warner Enhanced Option Elementary in Nashville; Mathews and Smithridge Elementary in Reno; and C.H. Decker Elementary in Las Vegas.

About City National

City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $23.1 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 and Nashville, Tenn. The company and its investment affiliates manage or administer $55.6 billion in client investment assets, including nearly $34 billion under direct management.

For more information about City National, visit the company's Website at cnb.com.

The City National Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3143

About Reading is The way up®

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 80,000 books to school libraries in California, New York and Nevada.
     
  • Awarded close to $500,000 to teachers at elementary, middle and high schools for creative literacy projects.
     
  • Awarded $10,000 to the Children's Defense Fund-California Urban Lights Freedom Schools® program in support of its after school enrichment curriculum.
     
  • Received the 2005 President's Volunteer Service Award, the 2005 Corporate Philanthropy Award from the Los Angeles Public Library, the 2006 Corporate Award from the Getty House Foundation, the Hugh O'Brien Youth Leadership Corporate Citizen Award, and honored as the 2007 Corporate Visionary Partner by The Wonder of Reading.

The Reading is The way up Fund is a 501(c)(3) administered by the California Community Foundation. Visit www.readingisthewayup.org.



            

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