City Naitonal Donates Office Space
(Left to right) City National Bank's Dean Collins and Larry Charlton stand with CHC's Ed Vovsi in the office space the bank donated to CHC.
Donation Exceeds $40,000 Annually
LAS VEGAS, NV – City National Bank today announced that it is providing Community Health Charities (CHC) of Nevada with approximately 1,600 square feet of rent free office space, computer equipment and office furniture totaling more than $40,000 annually. The office space and equipment the bank is donating to CHC is located at 4310 W. Cheyenne and Valley Drive in North Las Vegas.
“With monetary support to nonprofit agencies down this year City National has increased its in-kind donations and volunteer support to charitable organizations,” said Larry Charlton, senior vice president and Nevada regional executive. “Community Health Charities is a wonderful nonprofit group and providing them with this in-kind donation reaffirms City National's commitment to helping build stronger communities, even during these challenging economic times.”
The office space being donated to CHC includes a reception area, four enclosed offices, storage area, supply room and kitchen. The equipment and office furniture donation consists of a laptop computer, phones, desks, chairs, filing cabinets and cubicles. The facility has two separate entrances located on the west and south side of the bank's 5,500 square foot branch.
“The money City National Bank is saving us in rent and equipment is significant, especially in today's environment,” said Ed Vovsi, executive director of Community Health Charities of Nevada. “The bank's generosity will allow us to serve the growing needs of health agencies all across Nevada. These health agencies rely heavily on our financial support.”
CHC supports 24 voluntary health agencies in Nevada, all of which are dedicated to the alleviation of human suffering and despair caused by the diseases those agencies are organized to combat. These agencies serve the community through direct services, patient and public
education, rehabilitation services, the support of basic lifesaving biomedical research and through referral and crisis intervention. CHC also participates in public sector employee worksite campaigns in Nevada in conjunction with the local United Way. (For more information about CHC, go to www.healthcharities.org.)
CHC is one of more than 75 nonprofit groups City National supports each year in Nevada with monetary, in-kind and volunteer support. Dean Collins, vice president and branch relationship manager of the bank, has served as a board member and as board chairman of CHC the last five years. Collins is one of more than 20 officers of the bank who are volunteering their time to serve on nonprofit boards in Nevada.
City National 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). Headquartered in Los Angeles, the company is backed by $17.7 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. City National and its eight majority-owned investment affiliates manage or administer $47.8 billion in client investment assets, including more than $30 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.