BMO Financial Group

BMO Financial Group

August 22, 2011 13:36 ET

BMO Introduces Financial Relief Program for Customers in Goderich Affected by Tornado

GODERICH, ONTARIO--(Marketwire - Aug. 22, 2011) - BMO Financial Group today announced that it has set up a relief program for its customers who are victims of damages caused by this weekend's tornado in Goderich.

"This is a crisis for residents of Goderich and business owners in the community," said Janet Peddigrew, Vice President, Mid-Western Ontario, BMO Bank of Montreal. "We want to assist our customers who are dealing with the destruction caused by the tornado and we hope that our relief program will help alleviate their difficulties."

The BMO relief program for tornado victims includes:

  • Deferral of personal loan payments (various options);
  • Deferral of mortgage loan principal and interest payments for a period of two months;
  • Special accommodations for BMO Bank of Montreal commercial clients affected by the damages, which are being developed on a case-by-case basis.

BMO Bank of Montreal customers are invited to visit their local branch and speak with their financial services manager about their particular financial needs resulting from the damage caused by the tornado. As repairs are completed at BMO's branch in Goderich, residents that need access to a nearby location can visit BMO's branch in Clinton, Ontario.

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