BMO Bank of Montreal

BMO Bank of Montreal

April 22, 2013 14:22 ET

BMO Bank Of Montreal Announces Flood Relief Program For Customers In Central Ontario

TORONTO, ONTARIO--(Marketwired - April 22, 2013) - BMO Bank of Montreal today announced a financial flood relief program to assist customers affected by the flooding in Huntsville and other impacted locations throughout the Muskoka and Kawartha regions.

"We want to support our customers that are affected by damages caused by the severe flooding," said Lloyd Fleming, Vice President, Central and Northern Ontario District, BMO Bank of Montreal. "Many residents are facing losses and we hope our relief program 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.

BMO Bank of Montreal customers are invited to contact their local branches in Huntsville, Bracebridge, Lindsay, Bobcaygeon, Fenelon Falls and Woodville, to speak to a financial services manager about their particular financial needs in the aftermath of the flooding.

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 $542 billion as at January 31, 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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