When it comes to charitable workplace giving, L.A.-based City National Bank employees are among the most generous in the Southland.
An astounding 87 percent of the company’s 3,500 employees participated in the 2015 workplace giving campaign which wrapped up in early June. For the third year in a row, City National colleagues raised over $1 million, this year coming in at a new record - $1.85 million. With their corporate donation, City National’s campaign will give more than $1.25 million to the communities they serve in the coming year.
City National’s campaign features seven strategic partner organizations, including the American Red Cross. Additionally, this year the option was added for employees to designate their gift to any verified charitable organization they choose. To thank colleagues for their remarkable generosity, City National has agreed to pay the associated administrative fees for those designated donations.
Jennifer Nickerson, vice president of Community Relations for City National Bank, says the generosity of the employees reflects the corporate culture of the bank, where there is a definite familial feel and a desire to help others.
“We are happy and proud to partner with the Red Cross during the campaign,” said Nickerson. “The Red Cross is an organization which helps everyone during times of disaster, whether it’s local, national or international.”
She reports that the bank management leads by example and encourages friendly competition among the departments in terms of participation. Most employees elect to contribute through payroll deduction, but employees can give one lump sum in any amount. The important thing is to give something. “Our colleagues are incredibly generous, not just with their money, but also their time. It’s an honor to work with such an outstanding group of people.”
Dan Kenney, Red Cross L.A. Region Director of Corporations, says that “City National Bank demonstrates a ‘best practice’ company when it comes to employee giving and we are very proud to partner with them.”