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RBC Bank Gulf Coast Neighbors Food Drive Collects More Than 3 Tons of Food

Multi-city food drive delivers state-wide donations to Bay Area Food Bank


Raleigh, N.C. – October 6, 2010 – RBC Bank’s Gulf Neighbors Food Drive collected 6812 pounds of food from across the state of Alabama in two weeks, providing a week’s worth of meals for 150 Gulf Coast families in need.

“As you can imagine, the Food Bank has been hit hard in the past few months, so reserves are dwindling, and every bit helps,” said Scott Stafford, regional president for RBC Bank. “Thanks to our employees, our clients and community members, we are thrilled to be able to support our neighbors in the Gulf in a big way.”

Since Sept. 20, RBC Bank branches across Alabama and Central Georgia have been collection sites for nonperishable food items donated by bank clients, employees and neighbors to benefit Alabamians on the Central Gulf Coast who may need some extra help this fall in the wake of the oil spill.

RBC Bank’s Alabama executives and local team members caravanned across the state Monday and Tuesday, visiting five Alabama cities to gather the food items. They delivered all collected donations to the Bay Area Food Bank in Theodore, Ala. on Oct. 5.

“In contrast to hurricanes such as Katrina and Ivan, the oil spill is ‘a slow moving disaster’ in terms of its economic impact on families,” said David Reaney, Bay Area Food Bank executive director. “We are very grateful for community partners, such as RBC Bank, who are more critical than ever in helping us to meet the increased needs through their contributions and support.”

RBC Bank has shared with clients its commitment to offer a helping hand during this difficult time. The bank understands that restoring the health of the Gulf is key to ensuring the vitality of the livelihoods of the residents – including RBC Bank clients and neighbors in the Gulf region. In addition to the multi-city Gulf Coast Neighbor Food Drive Caravan, RBC Bank is contributing to other local initiatives, including the Weeks Bay Foundation and the Alabama Coastal Foundation to help fund water quality monitors and to train volunteers respectively.

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.

About Bay Area Food Bank

Bay Area Food Bank serves a 24-county area spanning 20,000 square miles in south Mississippi, south Alabama and the panhandle of Florida. In 2009, the food bank distributed nearly 12 million pounds of food to more than 550 member agencies throughout its service area. Bay Area Food Bank also manages multiple programs, including Child Nutrition, Disaster Relief, Emergency Response Pantry, Mobile Pantry, Rural Delivery, and Senior Nutrition. For more information, visit www.bayareafoodbank.org.