RBC Bank Supports Piedmont Triad Partnership
Pictured from left to right: Paul Kress, RBC Bank; David Powell, President and CEO of Piedmont Triad Partnership; Randy Sherron, RBC Bank
Bank Donates $10,000 to Assist in the Economic Development of Piedmont Triad Area
Greensboro, N.C. – March 17, 2011 – RBC Bank recently contributed $10,000 to assist in the economic efforts of the Piedmont Triad Partnership, a nonprofit economic development organization committed to promoting the 12-county region, for short and long term business prospects in North America and throughout the world.
“The Piedmont Triad Partnership’s mission aligns well with our goal of facilitating growth in our communities,” said Paul Kress, commercial banker for RBC Bank. “We’re proud to support an organization dedicated to enhancing the economic development of the Piedmont Triad area.”
A nonprofit, private economic development organization, the Piedmont Triad Partnership focuses on strengthening the Region’s global competitiveness. Activities of the Piedmont Triad Partnership include marketing and public relations, regional cluster development, and regional advocacy to support the region’s growing reputation as a location for commerce. Geographically, it consists of twelve central North Carolina counties, including Alamance, Caswell, Davidson, Davie, Forsyth, Guilford, Montgomery, Randolph, Rockingham, Stokes, Surry and Yadkin.
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.