Contribution will help Long Islanders affected by the coronavirus pandemic
May 26, 2020 (Deer Park) – United Way of Long Island’s “UNITED TOGETHER: A Response Fund For COVID-19” recently launched with contributions from leading supporters including a generous gift from City National Bank, America’s Premier Private and Business Bank®. The contribution will help the nonprofit provide relief to thousands of Long Islanders in their time of need.
“Due to the action from companies like City National Bank, we have already helped over 5,000 Long Islanders who have been unemployed or furloughed due to the effects of COVID-19,” said Theresa A. Regnante, President and CEO of United Way of Long Island. She added, “This generous contribution is ensuring that we can continue to help families, now and in the future, afford basic necessities while they are not receiving a paycheck.”
The Fund provides direct emergency financial assistance to Long Island families that are experiencing financial hardship due to the public health emergency, by providing them with food and household essentials.
“City National is proud to support UNITED TOGETHER,” said Davi Tserpelis, senior vice president and business banking manager at City National. “It is critical that all families in the Long Island community have access to children’s education, family healthcare and financial stability. Our contribution will help support the organization’s mission that is even more important during the pandemic.”
After doing business and working with clients on Long Island for nearly three years, City National opened its first Long Island regional center in Melville last November to provide business and personal banking services to local small businesses and middle-market companies. The bank has been dedicated to the community ever since.
Interested philanthropic partners should contact United Way of Long Island’s President & CEO, Theresa Regnante at tregnante@unitedwayli.org or 631-940-3701, or Chief Development Officer, Craig Fligstein at craig@unitedwayli.org or 631-940-3752.
Leading funders of UNITED TOGETHER: A Response Fund For COVID-19 include Bank of America, New York Jets, Rauch Foundation, National Grid, M&T Bank, The Countess Moira Charitable Foundation, PSEG Long Island, The AmerisourceBergen Foundation, Bethpage Federal Credit Union, MSC Industrial Supply Co., Northville Industries, RXR, People’s United Community Foundation, Esquire Bank, National Grid Foundation, The Randi & Clifford Lane Foundation, City National Bank, GEICO, Island Outreach Foundation, Wells Fargo, United Way Worldwide, TriState Capital Bank, CVS Health, Deloitte, Iroquois Gas Transmission System, King Kullen Grocery Co., Sunshine Foundation, UPS, CNA, Philadelphia
Insurance, Utica National Insurance Group, Local 338 RWDSU/UFCW, ACIT, Brookhaven National
Lab/Brookhaven Science Associates, CHUBB, EPIC Insurance Brokers & Consultants, Long Island Federation of Labor, LECSA, New Empire Group, Ltd., Transervice Logistics Inc., and Unitarian Universalist Congregation at Shelter Rock.
To learn more about UNITED TOGETHER: A Response Fund For COVID-19, visit www.unitedwayli.org/unitedtogetherfund.
About United Way of Long Island
United Way fights for the health, education and financial stability of every person in every community. We recruit people and organizations that bring the passion, expertise and resources needed to get things done. LIVE UNITED® is a call to action for everyone to become part of the change. United Way of Long Island is part of a worldwide network spanning across 41 countries and territories, including more than 1,200 local organizations in the U.S. For more information about United Way of Long Island, please visit UnitedWayLI.org, or follow on Facebook, Twitter and Instagram.
About City National Bank
With $61.4 billion in assets, City National Bank provides banking, investment and trust services through locations in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis, Washington, D.C. and Miami*. In addition, the company and its investment affiliates manage or administer $82.7 billion in client investment assets.
City National is a subsidiary of Royal Bank of Canada (RBC), one of North America’s leading diversified financial services companies. RBC serves more than 16 million personal, business, public sector and institutional clients through offices in Canada, the United States and 34 other countries.
For more information about City National, visit the company’s website at cnb.com.
*City National Bank does business in Miami and the state of Florida as CN Bank.
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