WINNIPEG, May 11 /CNW/ - CIBC announced today it is donating $25,000 to
the Canadian Red Cross to help relief efforts following the flooding in
CIBC is directing its donation to the Canadian Red Cross to support
recovery efforts now and in the coming months as the water in some
communities is expected to remain high into June, leaving some
evacuated families with an income for weeks. For others, livelihoods
may be destroyed altogether.
CIBC's branches across the country will also be joining in the relief
effort by collecting donations for the Canadian Red Cross.
CIBC clients directly affected by the flooding have options available to
them regarding their mortgage payments and credit products, and should
contact CIBC with any concerns or questions they have.
"The people of Manitoba need our help and assistance as they recover
from this disaster," said Gerry McCaughey, President and CEO of CIBC.
"We are joining our clients and employees as well as others across
Canada in supporting the relief efforts to provide for the needs of so
many who have been affected by the floods."
CIBC is a leading North American financial institution with nearly 11
million personal banking and business clients. CIBC offers a full range
of products and services through its comprehensive electronic banking
network, branches and offices across Canada, in the United States and
around the world. You can find other news releases and information
about CIBC in our Press Centre on our corporate website at www.cibc.com.
For further information:
CIBC, Joan Peters at 416-980-5505 or firstname.lastname@example.org