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.