LOS ANGELES--(BUSINESS WIRE)--Jan. 4, 2005--City National Bankannounced today that it will contribute up to $50,000 to the AmericanRed Cross International Response Fund and Save the Children to helpvictims of the South Asia Tsunami.
In addition to pledging an initial contribution of $25,000, CityNational will match as much as $25,000 in donations from itscolleagues. All donations will be forwarded as directed by individualcontributors to either the American Red Cross International ResponseFund or Save the Children.
"Many of our colleagues have expressed a desire to reach out tothe victims of this terrible tragedy, and this will make giving easierfor those who want to contribute to the ongoing relief efforts," saidRussell Goldsmith, City National Bank's chairman and chief executiveofficer. "Our hearts go out to the people who were injured and to thefamilies of those who lost their lives in this devastatingcatastrophe."
About City National
City National Corporation (NYSE:CYN) is a financial servicescompany with $14 billion in total assets. Its wholly owned subsidiary,City National Bank, is the second largest independent bankheadquartered in California. As California's Premier Private andBusiness Bank(R), City National provides banking, investment and trustservices through 52 offices, including 12 full-service regionalcenters, in Southern California, the San Francisco Bay Area and NewYork City. The company and its affiliates manage more than $15 billionof client trust and investment assets. Assets under management oradministration amount to more than $33 billion. For more informationabout City National, visit the company's Website at cnb.com.
CONTACT: City National Bank
Linda Mueller, 213.833.4719
SOURCE: City National Bank