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RBC Bank Names Technology and Operations Executive

Joseph Cooper Brings 30 Years Banking Experience to New Role


RALEIGH, N.C. – Oct. 7, 2009 – RBC Bank today announced the appointment of Joseph A. Cooper Jr. to senior vice president of Technology and Operations for RBC Bank. In this role, Cooper will be responsible for overseeing day to day back office operations as well as strategically aligning technology services and capabilities for both the company and its clients.

"Joe’s vast experience and expertise in the technology and operations functions make him a great leader for the bank," said Scott Custer, RBC Bank CEO.

Prior to joining RBC Bank, Cooper spent 15 years at First Citizens Bank and Trust in Raleigh, N.C., most recently as the executive vice president of Technology and Operations. Prior to his tenure with First Citizens, Cooper spent 16 years at Bank of America serving in a number of technology management roles.

"I am excited to be joining the RBC Bank team," said Cooper. "I look forward to working with the Technology and Operations groups to enhance the bank’s processes and systems and to ultimately provide a superior client experience."

Cooper graduated from the University of South Florida with a bachelor’s degree in political science. He serves as chairman of the Wake Tech Community College Foundation. He will be based at RBC Bank’s corporate headquarters in Raleigh.

About RBC Bank
RBC Bank, headquartered in Raleigh, N.C., offers a wide range of financial services and advice to individuals, businesses and public institutions throughout the Southeast. RBC Bank’s network includes more than 430 full-service banking centers in six states (Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia), an extensive ATM network and telephone and online banking. RBC Bank is the 38th largest U.S. bank by consolidated assets, according to SNL Financial’s List of the Nation’s 50 Largest Banks, September 2, 2009. RBC Bank is a wholly-owned subsidiary of Royal Bank of Canada (RBC) (RY on the TSX and NYSE), Canada's largest and most stable bank as measured by assets and market capitalization. In August 2009, Global Finance Magazine ranked RBC as the safest bank in the Western Hemisphere. RBC is also one of the world’s financial, social and environmental corporate leaders for the past eight years as on the Dow Jones Sustainability World Index. Additional information about RBC Bank may be found at www.rbcbankusa.com.

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For more information:
Dorsey Landis
RBC Bank/(919) 788-6272
Dorsey.Landis@rbc.com