TORONTO, June 14,
2023 /CNW/ - BMO today announced it is supporting
customers impacted by the wildfires in Atlantic Canada, Quebec, and Ontario with specialized assistance programs
to aid those facing financial hardship.
"BMO is expediting relief options for our customers in
communities impacted by wildfires across Canada," said Erminia
(Ernie) Johannson, Group Head, North American Personal and
Business Banking, BMO. "We want to ensure taking care of the
financial impacts of this disaster are as easy to address as
possible for our customers."
Financial relief available to BMO customers impacted by this
- Loan and mortgage payment deferral
- Loan and mortgage payment protection
- Skip-a-payment option on mortgages, instalment loans and credit
- Support for Canadian Business Banking and Commercial Banking
clients via payment deferrals and fee relief where possible.
Customers should contact their relationship manager to discuss
options or accommodations.
To access BMO's relief options, customers can connect in branch,
by phone, or through the support options in BMO's online and mobile
BMO is also accepting donations in support of the Canadian Red
Cross. BMO customers can donate in branch, online at
www.redcross.ca/ or by calling 1-800-418-1111.
About BMO Financial
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of
$1.25 trillion as of April 30, 2023. Serving customers for 200 years
and counting, BMO is a diverse team of highly engaged employees
providing a broad range of personal and commercial banking, wealth
management, global markets and investment banking products and
services to over 13 million customers across Canada, the United
States, and in select markets globally. Driven by a single
purpose, to Boldly Grow the Good in business and life, BMO is
committed to driving positive change in the world, and making
progress for a thriving economy, sustainable future and inclusive
SOURCE BMO Financial Group