RBC donates $25,000 to the Red Cross for residents of Slave Lake
CALGARY, May 18 /CNW/ - RBC Royal Bank announced today that, effective
immediately RBC clients affected by the fire in Slave Lake may defer
their mortgage and personal loan payments for up to one year. Special
accommodation may also be arranged for credit card payments through an
RBC branch. Small business clients will also be afforded special
accommodation through their account managers.
"We are deeply saddened by the devastation in Slave Lake. Our thoughts
are with the residents, friends and families of this tragedy," said
Kevin Kleininger, regional vice-resident, Peace Country, RBC Royal
Bank. "The well being of our employees and clients is our top priority.
We hope the loan deferral program will provide peace of mind in this
time of need."
RBC has made a $25,000 donation to the Red Cross to help assist families
affected in Slave Lake. The bank is also collecting donations at all
RBC locations across Canada and channelling the funds to the Canadian
Red Cross to support its efforts to assist the fire victims.
"As part of the Slave Lake community, we are committed to helping it
rebuild. We will work with each of our clients in the coming weeks to
determine their needs and provide financial advice," said Kleininger.
RBC's branch in Slave Lake is currently closed. Clients may access their
accounts using online and telephone banking, ABMs or the closest RBC
branch. Clients who have to use a competitor's ATM machine will be
reimbursed for the Interac fee by calling 1-800-ROYAL-11 or visiting
any RBC Royal Bank Branch.
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate
under the master brand name RBC. We are Canada's largest bank as
measured by assets and market capitalization and are among the largest
banks in the world as measured by market capitalization. We are one of
North America's leading diversified financial services companies and
provide personal and commercial banking, wealth management services,
insurance, corporate and investment banking and transaction processing
services on a global basis. We employ approximately 79,000 full- and
part-time employees who serve more than 18 million personal, business,
public sector and institutional clients through offices in Canada, the
U.S. and 56 other countries. For more information, please visit rbc.com.
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