RBC Royal Bank announces $30,000 donation to Red Cross in support of flood victims in Manitoba and Saskatchewan

WINNIPEG, July 8, 2014 /CNW/ - RBC Royal Bank yesterday announced a $30,000 donation to the Canadian Red Cross in support of Canadians affected by extensive moisture and rising flood waters in communities across Manitoba and Saskatchewan. 

"We extend our hearts to every client, colleague, and community affected by the devastation of rising flood waters," shared RBC Regional President Kim Ulmer.  "In addition to the financial relief we will be extending to our valued clients, we are committed to doing what we can to support families and communities in need through this donation." 

Among some of the steps being taken by RBC in support of customers affected by the flooding, RBC customers may postpone residential mortgage and personal loans payments by up to two months.  In addition, clients may be eligible to have their credit card minimum monthly payments set to $0 for up to 4 months. 

"We are committed to being there for our customers so that they are able to focus on what really matters most - their families," said Ulmer.  "We look forward to exploring a tailored plan with each customer to meet their individual needs." 

Anyone interested in making donations to the Red Cross may do so at any RBC Royal Bank branch, earmarking the funds to either the "Manitoba Floods" or "Saskatchewan Flood" appeals. 

ABOUT RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. We employ approximately 79,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 42 other countries. For more information, please visit rbc.com. 

RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2013, we contributed more than $104 million to causes worldwide, including donations and community investments of more than $69 million and $35 million in sponsorships. Learn more at www.rbc.com/community-sustainability.

SOURCE: RBC