Laurentian Bank Donates $25,000 to the Canadian Red Cross to Support Those Impacted by Flooding

MONTREAL, QUEBEC--(Marketwired - May 10, 2017) - Laurentian Bank (TSX:LB) is announcing a donation of $25,000 to the Canadian Red Cross to help the flood victims in Quebec, Ontario, British Columbia and New Brunswick.

From May 11 to June 11, the Bank will also collect donations from clients in branches. All funds raised will be donated to the Red Cross.

The Bank will support their clients affected by the floods to help them through this challenging time.

About Laurentian Bank

Laurentian Bank of Canada is a financial institution whose activities extend across Canada. Founded in 1846, its mission is to help customers improve their financial health and it is guided by values of proximity, simplicity and honesty.

The Bank serves one and a half million clients throughout the country and employs more than 3,600 individuals, which makes it a major player in numerous market segments. The Bank caters to the needs of retail clients via its branch network based in Quebec. The Bank also stands out for its know-how among small and medium-sized enterprises and real estate developers owing to its specialized teams across Canada. Its subsidiary B2B Bank is, for its part, one of the major Canadian leaders in providing banking products and services and investment accounts through financial advisors and brokers. Laurentian Bank Securities offers integrated brokerage services to a clientele of institutional and retail investors.

The Bank has more than $43 billion in balance sheet assets and more than $32 billion in assets under administration.