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RBC Bank Supports Local Watershed Protection Project

 

Bank Donates $5,000 to Upstate Forever organization for its 2011 “Saving Lake Greenwood” Campaign

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Pictured from left to right, John Tynan (Upstate Forever), Brad Wyche (Executive Director, Upstate Forever), Matt Gearhart (Banking Center Manager, RBC Bank)

Raleigh, N.C. – February 14, 2011 – RBC Bank recently contributed $5,000 to Upstate Forever, a nonprofit organization that promotes sensible growth and protects special places in the Upstate region of South Carolina. The contribution is part of the bank’s RBC 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.

Upstate Forever covers 10 counties across the Upstate region of South Carolina, focusing on Land Trusts, Clean Air and Water and Sustainable Communities. The bank’s contribution will support the organization’s Clean Air and Water Program, which aims to promote water-friendly development in the I-85 corridor, to encourage sustainable lakeshore and lake water quality management practices along Upstate reservoirs, and to protect and restore the highest quality streams in the Blue Ridge region.

“We are thrilled to know that RBC’s Blue Water grant will help with sustaining fresh water in our local communities such as Greenville,” said Shirley Edmond, regional manager for RBC Bank. “We believe that the preservation of the environment is fundamental to the sustainability of our communities, our clients and our company.”

The funds will be used to support the organization’s 2011 “Saving Lake Greenwood Campaign”, an effort to reduce phosphorus pollution that fuels algae blooms threatening the health of Lake Greenwood and vibrancy of surrounding communities. The goal of the campaign is to both limit phosphorus from all wastewater treatment plants in the watershed and to work with upstream communities to establish policies and incentives that reduce phosphorus and sediment in runoff. Together, these activities will lead to a 25-50% reduction in phosphorus pollution and will help to ensure a sustainable future for Lake Greenwood. For more information, you may visit www.upstateforever.org.

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 40th largest U.S. bank by consolidated assets, according to SNL Financial’s List of the Nation’s 50 Largest Banks, September 2010. 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.