CALGARY, June 21, 2013 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today
it is donating $100,000 to the Canadian Red Cross to help relief
efforts following the severe flooding in Alberta.
"We are all devastated by the severity of the flood and the damage it
has created. The people of southern Alberta need our help and
assistance as they recover from this disaster," said Jim Prentice,
Senior Executive Vice-President and Vice Chairman, CIBC. "We are
joining our clients and employees as well as others across Canada in
supporting the Canadian Red Cross relief efforts to provide for the
needs of so many who have been affected."
CIBC encourages clients directly affected by the flooding to contact
CIBC to discuss options available to help them with mortgage payments
and credit products while they recover from this disaster. With
flooding expected to continue, many evacuated families may be away from
their homes for an extended period and without an income for weeks.
CIBC's branches across the country will also be joining in the relief
effort by collecting donations for the Canadian Red Cross.
CIBC is committed to supporting causes that matter to our clients,
employees and our communities. We aim to make a difference in
communities through corporate donations, sponsorships and the volunteer
spirit of employees. With a strategic focus on Kids, Cures and
Community, and employee commitment to causes including the Canadian
Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's
Foundation and United Way, we are investing in the social and economic
development of communities across the country. In 2012, CIBC group of
companies contributed more than $38 million to charitable and
non-profit initiatives in Canada to support national, regional and
local organizations. To learn more, visit www.cibc.com.
For further information:
Kevin Dove, Head of External Communications at 416-980-8835, firstname.lastname@example.org.