CHICAGO, Oct. 11,
2024 /PRNewswire/ - BMO today announced its support
for customers and communities impacted by Hurricane Milton. BMO
supports the American Red Cross with an annual corporate donation
for its ongoing relief and resiliency work which includes its
response to affected communities following Hurricane Milton. The
bank is also offering disaster relief options to support customers
impacted by the events.
"Hurricane Milton has taken a heavy toll on Florida, and our thoughts are with everyone
affected," said Darrel Hackett,
President & CEO, BMO Bank. "We are fully committed to providing
relief and support to help our customers, colleagues, and
communities recover from this devastating storm."
Anyone wishing to support relief efforts can do so through these
organizations:
- Hurricane Milton Relief | Direct Relief
- Disaster Recovery – United Way Suncoast
- Hurricane Relief Donations & Ways to Help | American Red
Cross
Financial relief is also available for BMO personal banking
customers who contact us and are impacted by this storm,
including:
- Monthly maintenance fees, non-BMO ATM transaction fees, and
overdraft fees will be waived.
- Payment due dates for mortgages, loans and lines or reduced
credit card payment amounts will be extended.
BMO also offers low-interest rate loans to qualified consumers
in the BMO footprint in impacted areas.
If you are a current BMO business loan customer and need
assistance, please contact your banker.
More details on the financial relief available to customers can
be found on BMO's website.
BMO has long supported humanitarian and emergency relief appeals
in the U.S. and internationally to help those affected by extreme
weather, health crises and conflicts.
About BMO Financial Group
BMO Financial Group is the
eighth largest bank in North America by assets, with total assets
of $1.4 trillion as of July 31, 2024. 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 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 society.
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SOURCE BMO Financial Group