CALGARY, ALBERTA--(Marketwired - June 21, 2013) -
Editors Note: There is a photo associated with this press release.
BMO Bank of Montreal today announced a financial flood relief program to assist customers affected by the flooding in Calgary and other impacted locations throughout southern Alberta. In addition, BMO announced a $100,000 donation to the Canadian Red Cross to support relief efforts in the region.
"We want to support Albertans who are affected by damage caused by what is considered to be the worst flooding in decades," said Robert Hayes, Senior Vice President, Alberta and NWT Division, BMO Bank of Montreal. "Many residents are facing losses and we hope our relief program for customers and our $100,000 donation to the Canadian Red Cross will help alleviate some of the difficulties."
The relief program for BMO clients includes:
- Deferral of personal loan payments (various options)
- Deferral of personal mortgage loan principal and interest payments for a period of two months
- Special accommodations for BMO Bank of Montreal commercial customers affected by the flooding, which are being developed on a case-by-case basis
As well, BMO has announced that the following branches will be closed on June 21 st as a result of the flooding:
- Telus Tower Branch, Calgary
- Fifth Avenue Place Branch, Calgary
- Calgary Main Office Branch
- Gulf Canada Square Branch, Calgary
- Canadianoxy (Canoxy) Branch, Calgary
- Elbow Park Branch, Calgary
- Kensington Branch, Calgary
- High River Branch
- Canmore Branch
- Sundre Branch
- Siksika Branch
BMO will continue to update customers on the status of other branches in affected areas. For further information, please call 1-877 CALL BMO (225-5266), or visit www.bmo.com . For information on additional branch locations in your area, please visit the BMO Branch Locator .
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.
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