City National Bank of Newark, N.J., is helping 650 inner-city children become shareholders as part of its efforts to build a profile in the community and encourage youngsters to invest.

The minority-owned bank is working with the Amelior Foundation, which is buying $300,000 of new City National securities and donating them to Ready Grants Inc. (Rigorous Educational Assistance for Deserving Youth Foundation Inc.) Ready will then allocate the shares to participating youngsters.

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