LAS VEGAS, April 16, 2009 (GLOBE NEWSWIRE) - City National Bank today announced that it has awarded 33 Reading Is The Way Up(r) grants totaling $16,500 to support literacy-based projects at elementary, middle and high schools in northern and southern Nevada.

(See attached list of Nevada grant recipients or visit www.readingisthewayup.org .)

Reading Is The Way Up(r) is the award-winning literacy initiative through which City National has donated more than 40,000 books to elementary school libraries in Nevada, California and New York, and awarded 385 teacher grants to enhance literacy.

The $500 grants will help augment or expand literacy projects that were judged to be creative and engaging, and that would have a tangible affect on student achievement. The winning programs are expected to directly improve the literacy of about 2,000 students in Nevada.

The 33 educators receiving the grants were selected from among the 80 full-time teachers, librarians, administrators and school media specialists in Nevada who submitted an online application. Applications were distributed to every school district in the four counties where City National maintains offices: Carson City, Clark, Douglas and Washoe counties.

(For images related to this story, go to http://www.cnb.com/images/photos/Gardnerville-001.jpg , http://www.cnb.com/images/photos/LasVegas-002.jpg .)

"We are excited to award much needed funds to a greater number of very deserving educators in Nevada this year as part of our annual literacy grant program," said John Guedry, executive vice president and Nevada region manager of City National Bank. "These literacy grants are an investment in our future and part of our daily commitment to the communities we serve."

Projects funded included:

* A "Kindergarten Family Academic Involvement" bilingual reading and computer game program in Las Vegas that enhances English and Spanish speaking and reading skills for both students and their families in the home environment.
* Through a "Build Our Library-1 Book at a Time" program in Reno, students will have access to a greater number of books in the school library for both reading and research purposes.
* As part of a collaborative "6th Grade Science Kit Earth Systems" program, students will develop a greater appreciation for the world around them and learn how to become better stewards of the earth's limited natural resources.

About Reading Is The Way Up(r)

Originally established to help improve the education of California's future leaders, City National in April 2002 launched the multi-faceted Reading Is The Way Up(r) initiative to restock the state's school library system. The program was expanded into Nevada following the 2007 completion of City National's merger with Business Bank of Nevada.

To date, the bank has:

* Contributed over $2 million to support education, including an initial contribution of $100,000 to buy about 5,000 books for public school libraries through the California Governor's Book Fund and the California State Library Foundation.
* Donated more than 40,000 books to Nevada, California and New York school libraries.
* Launched "One Class at a Time," an educational outreach program sponsored by the bank and Las Vegas television station FOX5. Each month, the program awarded a $1,000 grant to an outstanding Clark County School District teacher.
* To establish a library "reading corner" at the Jerome D. Mack Middle School in Las Vegas, the bank donated more than 500 brand new books, 300 comic books, furniture and $1,000 for additional educational supplies.
* 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, and honored as the 2007 Corporate Visionary Partner by The Wonder of Reading, and the Hugh O'Brien Youth Leadership Corporate Citizen Award.

The bank also has created the Reading Is The Way Up Fund, a 501(c)(3) administered by the California Community Foundation, as a funding resource to purchase books for school libraries in California. For more information, visit www.readingisthewayup.org .

About City National

City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $16.5 billion in total assets, and provides banking, investment and trust services through 63 offices, including 15 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 $47.5 billion in client investment assets, including nearly $31 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 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.globenewswire.com/newsroom/prs/?pkgid=3143

 City National Bank Reading Is The Way Up(r) 2009 Nevada Literacy Grant Recipients Carson City ----------- * "One-For-All" Readers Program, Ms. Nancy Carter, Capital Christian School * "Extending Diversity into Literature", Ms. Amy Jensen, Eagle Valley Middle School * "Becoming an Author", Ms. Rhonda Menke, Edith W. Fritsch Elementary School Dayton ------ * "Spanish Storytime", Ms. Kristy Reck, Dayton Elementary School Gardnerville ------------- * "Books on Tape" Reading Program, Ms. Patricia Michitarian, C.C. Meneley Elementary School * "Characters for Change", Ms. Leslie Flynn, Gardnerville Elementary School * "6th Grade Science Kit Earth Systems", Ms. Leigh Luce, Professional Development Center Henderson --------- * "Nevada Reading Week Meet the Author", Ms. Jennifer Ranney, Estes McDonial, an International School * "Multicultural Literacy", Mr. A.J. Powell, B. Mahlon Brown Junior High School * "Differentiated Instruction: A Library of Resources", Ms. Carrie Fleming, Foothill High School Las Vegas --------- * "Sherman's Alexie's New Book", Ms. Monica Harris, Arbor View High School * "Building Better Readers", Ms. Mary Dunlevy, Brookman Elementary School * "Motivating Reluctant Readers", Ms. Amy Rannazzisi, Canarelli Middle School * "Reading", Ms. Lisa Gomez, Cashman Middle School * "Read To Earn & Learn", Ms. Jodith Hunter, Doris Hancock Elementary School * "Accelerated Reader", Ms. Lillam Sifuentes, Dr. William Bailey Middle School * "Buddy-Up Books", Ms. Meghan Plourde, Durango High School * "Societies Through Literature", Ms. Vicki Patterson, James Cashman Middle School * "Kindergarten Family Academic Involvement", Ms. Shelley Brunskill, Jay W. Jeffers Elementary School * "Kindergarten Family Academic Involvement", Ms. Jennifer Evans, Jay W. Jeffers Elementary School * "Kindergarten Family Academic Involvement", Ms. Martha Grainger, Jay W. Jeffers Elementary School * "Reading Buddies", Ms. Laurie Black, Martin Luther King, Jr., Elementary School * "Voices of Our Veterans", Mr. Jeffery Hinton, Northwest Career and Technical Academy * "Accelerated Reader Expansion Set", Mr. Lloyd Goldberg, Ronzone Elementary School * "Pre-Vocational Skills", Mr. Nate Walker, Roy Martin Middle School * "Reading with Meaning", Ms. Tiffani Hoffman, Sandy Miller Elementary School * "Reading Readiness", Ms. Lynn Adkins, John S. Park - Edison Elementary School * "Literature Groups", Ms. Amy White, Jim Bridger Middle School North Las Vegas --------------- * "Writing with Realia", Ms. Robyn Covey, Richard C. Priest Elementary School * "Writing with Realia", Ms. Annette Quint, Richard C. Priest Elementary School * "Phonemic Awareness Learning Materials", Richard C. Priest Elementary School Reno ---- * "Third Grade Research - Animals", Ms. Anne Aas, Elmcrest Elementary School * "Build Our Library-1 Book at a Time", Ms. Jennifer Swezey, Little Flower School

CONTACT: City National Bank
Media:
Paul Stowell
702.952.4415
paul.stowell@cnb.com