Investments
14Portfolio Exits
4Partners & Customers
2About RBC Bank (U.S.)
RBC Bank (U.S.) is a global financial institution operating as a subsidiary of the Royal Bank of Canada. It offers cross-border banking facilities for Canadians despite being a U.S. bank. Its U.S. bank accounts and credit cards provide cross-border transfers and savings on foreign transaction fees and purchase protection. It also includes a mortgage payment calculator to estimate monthly mortgage payments, including taxes and insurance. It is the United States banking division of the Royal Bank of Canada. It is based in Atlanta, Georgia.
Latest RBC Bank (U.S.) News
Oct 7, 2022
TORONTO – WEBWIRE – Friday, October 7, 2022 Royal Bank of Canada ( TSX: RY ) ( NYSE: RY ) announced a donation of $150,000 USD to the American Red Cross in support of people who have been impacted by the devastation of Hurricane Ian. This donation comes from across RBCs U.S. businesses: RBC Capital Markets, RBC Wealth Management, City National Bank, and RBC Bank. RBC has also initiated an internal donation campaign enabling our employees ability to support the relief efforts. In addition, RBC Bank has launched a financial relief program that will provide advice and assistance for impacted RBC Bank clients in the region. Affected clients should visit www.rbcbank.com for more information. Those wanting to help support relief efforts are encouraged to donate to the American Red Cross by visiting redcross.org/donate , calling 1-800-RED CROSS, or texting the word IAN to 90999 to make a $10 donation. RBC has 257 locations and 15,100+ employees across the U.S., and we are committed to supporting our clients and communities throughout the region. About RBC Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 92,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canadas biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com . We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact . ( Press Release Image: https://photos.webwire.com/prmedia/6/295201/295201-1.png )
RBC Bank (U.S.) Investments
14 Investments
RBC Bank (U.S.) has made 14 investments. Their latest investment was in Canadian Apprenticeship Forum as part of their Unattributed on November 11, 2023.
RBC Bank (U.S.) Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/22/2023 | Unattributed | Canadian Apprenticeship Forum | $0.1M | Yes | 2 | |
11/20/2023 | Loan | CHUM Foundation | $0.82M | Yes | 1 | |
5/23/2023 | Line of Credit - II | RecNation Storage | Yes | 1 | ||
5/31/2021 | Seed VC | |||||
10/4/2016 | Seed VC |
Date | 11/22/2023 | 11/20/2023 | 5/23/2023 | 5/31/2021 | 10/4/2016 |
|---|---|---|---|---|---|
Round | Unattributed | Loan | Line of Credit - II | Seed VC | Seed VC |
Company | Canadian Apprenticeship Forum | CHUM Foundation | RecNation Storage | ||
Amount | $0.1M | $0.82M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 1 | 1 |
RBC Bank (U.S.) Portfolio Exits
4 Portfolio Exits
RBC Bank (U.S.) has 4 portfolio exits. Their latest portfolio exit was TopGolf on October 27, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
10/27/2020 | Acquired | 4 | |||
Date | 10/27/2020 | |||
|---|---|---|---|---|
Exit | Acquired | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources | 4 |
RBC Bank (U.S.) Partners & Customers
2 Partners and customers
RBC Bank (U.S.) has 2 strategic partners and customers. RBC Bank (U.S.) recently partnered with Corus, and HGTV Canada on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/26/2023 | Licensor, and Licensee | Corus, and HGTV Canada | Canada | TORONTO , Sept. 26 , 2023 / CNW / - Corus Entertainment Inc. is delighted to announce a three-year renewal of the full-service partnership between Royal Bank of Canada and HGTV Canada 's Bryan and Sarah Baeumler . | 1 |
6/13/2018 | Partner |
Date | 9/26/2023 | 6/13/2018 |
|---|---|---|
Type | Licensor, and Licensee | Partner |
Business Partner | Corus, and HGTV Canada | |
Country | Canada | |
News Snippet | TORONTO , Sept. 26 , 2023 / CNW / - Corus Entertainment Inc. is delighted to announce a three-year renewal of the full-service partnership between Royal Bank of Canada and HGTV Canada 's Bryan and Sarah Baeumler . | |
Sources | 1 |
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