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BMO Announces $50,000 Donation and Relief Options for Customers to Support Communities Affected by Floods in Ontario, Quebec and New Brunswick

TORONTO, April 30, 2019 /CNW/ - BMO Financial Group today announced a $50,000 donation to the Canadian Red Cross to support communities affected by the floods in Ontario, Quebec and New Brunswick.

"We understand those affected by the flooding are living with uncertainty, and we're here to help during this difficult time," said Alexandra Dousmanis-Curtis, Head, Canadian Sales and Distribution, BMO Financial Group. "Our most sincere thanks go out to the first responders and volunteers who are working to ensure the safety of those living in affected communities."

In addition to this donation, BMO is supporting its customers in a variety of ways:

  • Deferral of principal and interest payments on personal loans and mortgages
  • Deferral of personal credit card payments
  • Special accommodations for BMO Small Business and Business Banking clients, on a case-by-case basis
  • Fast tracking of Creditor Insurance claims for clients whose employment is impacted by the flooding

Starting April 30, 2019, any employee or customer wishing to make a donation will be able to do so at all our Canadian branches.

About BMO Financial Group 
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $807 billion as of January 31, 2019, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

SOURCE BMO Financial Group

For further information: Media Contact: James DeCosimo, Toronto, james.decosimo@bmo.com, (416) 867-3996

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