LAS VEGAS, NV – City National Bank, Nevada’s Premier Private and Business Bank®, and its equipment finance affiliate First American Equipment Finance, today announced that they have awarded Touro University Nevada with a $10,000 donation to help fund scholarships for students who need financial aid. This donation was part of a ribbon-cutting event of the University’s newly expanded Student Affairs Division that opened this month.
“We are so pleased to have City National as one of our major donors of our scholarship funding program,” said Shelley Berkley, CEO and senior provost of Touro University Nevada. “Their donation is very fitting for the opening of our newly expanded student affairs center. City National’s support, along with a number of other generous donors, will go a long way in helping a growing number of our students pay for their medical degrees.”
The expansion project of Touro’s new Student Affairs facility includes an additional 5,000 square feet of space to better accommodate its growing student population. Included in this space are 16 new offices, 12 individual work stations and a 20-person conference room that can be divided into two separate spaces. The expansion also includes a private space for a new full- time psychologist for student counseling.
Touro College and University System is the parent of Touro University Nevada. Touro College and University System was established in New York City in 1970 by Bernard Lander, PhD, LHD, as a Jewish-sponsored independent institution of higher and professional education primarily to enrich the Jewish Heritage, and serve the larger American community. Approximately 19,000 students are currently enrolled in its various schools and divisions, located primarily in Nevada, California and New York.
“With the cost of a college education continually going up there are an increasing number of young people who can’t afford to pursue their professional dreams without some financial assistance,” said John Wilcox, Nevada regional executive for City National. “We’re excited to partner with Touro in the opening of their new student affairs center so more students can get the financial help they need to further their education. Shelley and her dedicated faculty and staff are doing a phenomenal job educating the next generation of healthcare professionals in our community and throughout the country.”
Touro University has been a client of First American Equipment Finance, a City National Bank company, for 13 years. Touro has financed equipment, real estate improvements and software, and has recently been working with City National on a number of special programs for its students, faculty and alumni. The bank also installed an ATM on campus earlier this year, while Wilcox was appointed to Touro’s advisory board.
About Touro University Nevada (TUN)
Touro University Nevada (TUN) is a private, non-profit, Jewish-sponsored institution established to help address critical needs in health care and education and as a resource for community service in the state of Nevada. TUN opened its doors in 2004 and is now home to nearly 1,400 students, in a wide variety of degree programs including osteopathic medicine, physician assistant studies, education, nursing, occupational therapy and physical therapy. The university’s Henderson campus includes a multi-specialty health center and a multi-disciplinary Center for Autism and Developmental Disabilities.
For more information on TUN, please visit www.tun.touro.edu or call 702- 777-8687.
About City National
City National Corporation (NYSE: CYN) has $33.8 billion in assets. The company’s wholly owned subsidiary, City National Bank, provides banking, investment and trust services through 75 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. City National and its investment affiliates manage or administer $61.1 billion in client investment assets, including $47.7 billion under direct management.
On January 22, 2015, City National announced plans to merge with Royal Bank of Canada. The transaction is expected to close later this year, pending regulatory approval and other customary closing conditions.
For more information about City National, visit the company’s Website at cnb.com.
Paul C. Stowell, City National Bank, 702.952.4415