TORONTO, May 9, 2017 /CNW/ - CIBC (TSX: CM) (NYSE: CM) With massive flooding in Québec and across Canada impacting residents and communities, CIBC is offering support for clients and employees affected by the devastation.
CIBC's Client Solutions team will look at ways to support those impacted, including:
- Deferring payments on mortgages, loans and credit card bills;
- Re-amortizing mortgage payments to lower monthly costs; or
- Crediting client accounts for any fees caused by overdrafts, insufficient funds, early withdrawals on term deposits or use of non-CIBC bank machines; and,
- Customized accommodations for commercial clients
Clients are encouraged to visit their CIBC Banking Centre or call CIBC Client Solutions at 1-800-465-2422 to discuss their financial situation and get personalized support.
CIBC is accepting Spring Floods Appeal donations at our banking centres across Canada on behalf of the Canadian Red Cross, effective May 11. To directly support impacted populations inside Québec, donations should be made to Spring Floods Appeal, Québec Designation.
CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through our three major business units - Retail and Business Banking, Wealth Management and Capital Markets - CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/ca/media-centre/ or by following on LinkedIn (www.linkedin.com/company/cibc), Twitter @CIBC, Facebook (www.facebook.com/CIBC) and Instagram @CIBCNow.
For further information: Olga Petrycki, Director, External Communications and Media Relations, at 416-306-9760, [email protected]