BMO Financial Group

BMO Financial Group

May 04, 2016 09:19 ET

BMO Donates $100,000 to Support Red Cross Efforts in Fort McMurray and Announces Financial Relief Program

TORONTO, ONTARIO--(Marketwired - May 4, 2016) - BMO Financial Group today announced a financial relief program to assist customers affected by the wildfire in Fort McMurray. In addition, BMO is donating $100,000 to the Canadian Red Cross to provide support in the region.

"Many residents and businesses in Fort McMurray are facing losses and we hope our relief program for customers and our donation to the Canadian Red Cross will help alleviate some of the difficulties," said Susan Brown, Senior Vice President, Alberta and North West Territories Division, BMO Bank of Montreal. "Our message is simple: we're here to help."

The relief program for BMO customers includes:

  • Various options on deferral of personal loan payments and personal mortgage loan principal and interest payments
  • Special accommodations for BMO Bank of Montreal commercial customers affected by the fire, which are being developed on a case-by-case basis

BMO Bank of Montreal customers are invited to contact or visit the nearest local branch, or call the customer contact centre 1-877-225-5266 for further assistance.

Customers across Canada can also make a donation to the Canadian Red Cross at their local branch, effective May 5.

About BMO Financial Group

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $699 billion as of January 31, 2016, and close to 47,000 employees, BMO provides a broad range of retail 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, Wealth Management and BMO Capital Markets.

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