LAS VEGAS, NV – City National Bank, Nevada’s Premier Private and Business Bank®, today announced that it has provided DISCOVERY Children’s Museum with a $5,000 donation in support of its YouthWorks Program. This award winning program is addressing the local high school dropout crisis while giving youth ages 14-18 opportunities to acquire life skills, set goals and develop 21st century job skills to help ensure long-term future success in their life beyond high school.
Since its inception in 1993, YouthWorks has directly impacted the lives of more than 3,500 teens. The program boasts a graduation rate higher than 99 percent for participants in their senior year of high school, a dramatic comparison to Clark County School District’s (CCSD) 71.5 percent district cohort graduation rate according to NevadaReportCard.com’s 2013-14 report. Additionally, YouthWorks is an approved work-study program with CCSD and 100 percent of program participants remain enrolled in school.
“We are very excited to have City National join the growing list of supporters of our YouthWorks program,” said Tifferney White, president and CEO of DISCOVERY Children’s Museum. “City National is a strong advocate of education and their wonderful educational outreach programs are a perfect fit for YouthWorks and the many facets of this program. The success of the museum and programs like YouthWorks are closely tied to our strong public-private partnerships.”
Some of the educational programs City National will incorporate into the YouthWorks program include its Dollars & Sense financial literacy curriculum, Author Visits, Teacher Literacy Grants, and its Holiday Book Drive. Through its Reading is The way up® literacy program, City National has donated more than 300,000 books to Nevada, California, New York, Nashville, Tennessee, and Atlanta, Georgia school libraries. The bank has also awarded more than $1 million to teachers at elementary, middle and high schools for creative literacy projects in its service area.
“The YouthWorks program is a great example of the type of educational program City National is looking to invest in with both monetary and human resources,” said John Wilcox, Nevada regional executive for City National. “Tifferney and the museum staff have done a phenomenal job developing a much needed program that helps teens stay in school and graduate with meaningful experiences and life skills that will help them beyond high school.”
In addition to City National’s $5,000 donation, bank colleagues will volunteer time teaching student’s about financial literacy through the bank’s Dollars & Sense curriculum. This program teaches students K-12 age appropriate material about financial literacy so they can be more prepared for the real world when the graduate. The Dollars & Sense curriculum teaches students about saving money, managing a checking account and debit card, applying for credit, business lending, profit and loss statements, identity theft and cyber fraud, and much more.
About City National
With $35.6 billion in assets, City National Bank is the 26th largest commercial bank in the United States. It 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. The company and its investment affiliates manage or administer $59.4 billion in client investment assets.
City National is an indirect wholly-owned subsidiary of Royal Bank of Canada, which operates in more than 40 countries and has assets of more than $800 billion (usd).
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.
For more information about City National, visit the company’s website at cnb.com.
# # #
Paul C. Stowell, City National Bank, 702.952.4415