CNB - City National Bank

10/14/2024 | Press release | Distributed by Public on 10/15/2024 16:59

RBC Announces $400,000 Donation to Hurricane Disaster Relief in Southeastern U.S.

NEW YORK, MINNEAPOLIS, LOS ANGELES, TORONTO - Royal Bank of Canada (RBC) announced today it is donating $400,000 to support the millions of Americans grappling with the damages caused by Hurricanes Helene and Milton.

This donation includes contributions from RBC, the RBC Foundation USA and City National Bank. The American Red Cross will receive $300,000 and the International Medical Corps $100,000 for their Hurricane Helene and Milton disaster relief efforts.

RBC has also initiated an internal donation campaign enabling our employees' ability to support the relief efforts.

"Our hearts go out to those impacted by these devastating storms," said Tom Sagissor, president of RBC Wealth Management-U.S. "As a company with a long history of supporting the communities where we live and work, we are committed to doing our part to help those affected recover from the aftermath of these natural disasters."