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.
About CIBC
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.
SOURCE CIBC