Skip to Main Content

About RBC Bank > Media Information >

Press Release

 

RBC Bank Celebrates Blue Water Day June 11 and Announces $125,000 in New Grants to NC Water Groups

Raleigh Headquarters Event Is Part of RBC’s 10-year, Multimillion Dollar Pledge to Fund Awareness and to Help Protect Fresh Water Across the Globe


RALEIGH, N.C. – June 11, 2010 – RBC Bank has announced a $100,000 leadership grant and six community action grants totaling more than $125,000 as part of the bank’s celebration of Blue Water Day. The grant recipients, all North Carolina-based organizations dedicated to fresh water initiatives, were selected to receive funding as part of the Raleigh-based U.S. bank’s participation in the Blue Water Project: a global pledge of $50 million in grants over 10 years to help protect fresh water in many parts of the earth and to fund important work being done by Royal Bank of Canada Blue Water Project grant recipients worldwide.

Chris Bell, regional vice president of Commercial Markets for RBC Bank, announced the grant winners along with Dr. David Moreau, a member of RBC’s seven-person international Blue Water Advisory Panel and a professor of water resources and environmental planning at the University of North Carolina at Chapel Hill.

"RBC Bank’s commitment to the communities where we do business is demonstrated by the global Blue Water Project," said Bell. "We are pleased to take a leadership role in helping to protect and preserve our most precious natural resource – fresh water. These North Carolina organizations receiving Blue Water Grants are working hard to help us all have water for the future. We are proud to introduce them to you and to help them achieve their important missions."

The 2010 Blue Water Leadership Grant recipient is the Pamlico-Tar River Foundation, based in Washington, N.C. The organization will receive a $100,000 grant to support its efforts to launch "Operation Medicine Cabinet." This is an integrated campaign of public and legislative awareness, education and behavior change that is designed to reduce damage to the watersheds of North Carolina by the untreated discharge of pharmaceuticals into the state’s water ways.

In addition, Bell announced that the North Carolina recipients of recent Community Action Grants of up to $5,000 each are:

  • The North Carolina Coastal Land Trust of Wilmington
  • The Land Trust Alliance of Raleigh
  • Environmental and Conservation Organization of Hendersonville
  • New River Foundation of Jacksonville
  • Full Belly Project of Wilmington
  • The Yadkin Riverkeepers of Winston-Salem

The grant announcements are a part of RBC Bank’s celebration of Blue Water Day, June 11. On this day, across the bank’s six-state territory and beyond, employees are wearing blue, grant winners are being announced and special fresh water-conservation themed exhibits and events are being presented at a number of banking offices. In communities around the world almost 80,000 employees affiliated with the Royal Bank of Canada in 55 countries are marking the first-ever Blue Water Day by wearing blue to raise awareness about the value and vulnerability of water, the world's most precious natural resource.

Blue Water Day and the announcement of recent 2010 Blue Water Grants in North Carolina are part of the Raleigh-based U.S. bank’s participation in RBC’s Blue Water Project, which includes a global pledge of $50 million in grants over 10 years to help protect fresh water in many parts of the earth and to fund important work being done by RBC Blue Water Project grant recipients worldwide.

ABOUT RBC BLUE WATER PROJECT:

The RBC Blue Water Project is a wide-ranging program to help foster a culture of water stewardship, so that people will have clean fresh water today and tomorrow. Over the next ten years, our goal is to contribute to a future of sustainable water resources worldwide through:

  • a grant program of $50 million;
  • reducing the intensity of our own water footprint;
  • awareness programs for our almost 80,000 employees and 15 million clients, to promote sustainable water use and create an understanding of the value and vulnerability of our water resources.

Additional information on the RBC Blue Water Project can be found at www.rbc.com/bluewater.

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 420 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, having appeared on the Dow Jones Sustainability World Index every year since its creation in 1999. Additional information about RBC Bank may be found at www.rbcbankusa.com.

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