City National Bank renews partnership with Habitat for Humanity for a third year
ATLANTA (Jan. 25, 2022) — City National Bank announced today that it is renewing its partnership with Habitat for Humanity International with a donation of $322,500, which will help advance the organization’s mission of building and improving safe and affordable homes across the U.S. City National has donated more than $1 million to Habitat to support affordable homeownership in local communities since the partnership began three years ago.
“When organizations like City National Bank commit to improving access to affordable housing, they can make a huge difference in their communities,” said Julie Laird Davis, vice president of corporate and foundation relations at Habitat for Humanity International. “Thanks to their continued support, Habitat will be able to help more people achieve strength, stability and self-reliance through shelter.”
In this third year of partnership, City National hopes to support affordable housing on an even larger scale, with support to nearly a dozen communities across the U.S.
“We’re honored to continue our partnership with an organization that shares City National’s passion and longstanding commitment to building strong communities,” said Linda Duncombe, executive vice president and chief marketing, product and digital officer of City National Bank, and a board member of Habitat for Humanity of Greater Los Angeles. “We understand the far-reaching effects of investing in people through Habitat for Humanity, as there are few things more critical than having access to affordable housing.”
City National’s support of Habitat underscores the organization’s commitment to encourage employment and support economic and community development, in addition to strengthening local neighborhoods and providing affordable housing. Helping local Habitat organizations for nearly 20 years on the West Coast, the bank’s projects have included supporting team builds, galas and fundraisers.
About Habitat for Humanity
Driven by the vision that everyone needs a decent place to live, Habitat for Humanity found its e arliest inspirations as a grassroots movement on an interracial community farm in south Georgia. Since its founding in 1976, the Christian housing organization has grown to become a leading global nonprofit working in local communities across all 50 states in the U.S. and in more than 70 countries. Families and individuals in need of a hand up partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. Through shelter, we empower. To learn more, visit habitat.org.
About City National Bank
With $91.3 billion in assets, City National Bank provides banking, investment and trust services through 74 offices, including 19 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis, Washington, D.C. and Miami*. In addition, the company and its investment affiliates manage or administer $99.8 billion in client investment assets.
City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. RBC serves more than 17 million personal, business, public sector and institutional clients through offices in Canada, the United States and 27 other countries.
For more information about City National, visit the company’s website at cnb.com.
*City National Bank does business in Miami and the state of Florida as CN Bank.