BMO Financial Group announced on March 20 a donation to United Way to support gaps in community services for vulnerable individuals affected by the public health, social and economic consequences of COVID-19.
"Every business can be a catalyst for change in their communities – this belief fuels our Purpose, to Boldly Grow the Good in business and life. Supporting the United Way and their work with front-line community agencies enables us to quickly and effectively contribute to the fight against COVID-19," said Darryl White, chief executive officer, BMO Financial Group.
United Way aims to help support seniors in isolation, ensure isolated people have access to basic needs such as food, supplies and necessities, provide mental health support, and support volunteers and community services.
"We are deeply grateful for the tireless dedication of workers providing essential services in our communities, including our own,” said White. “Working together we will overcome the health and economic challenges we're facing. As individuals and companies consider options to make an impact by making a donation, I encourage them to use United Way's unique ability to distribute funding throughout their network of agencies to where it's needed most."
Financial relief program for clients
Other initiatives in response to COVID-19 from BMO include a financial relief program for clients directly affected by COVID-19, as well as measures to help limit the spread of COVID-19 and protect the health and safety of clients, team members, and the communities where the bank operates.