Commonwealth Bank will donate $1 million towards bushfire disaster relief efforts including $750,000 worth of grants to help support local communities and replace facilities lost in the fires, as well as a $250,000 donation to the Australian Red Cross.
In addition, the bank has extended its Emergency Assistance Package - that provides support to personal and business customers affected by the bushfires - to all volunteer firefighters. The package includes loan restructuring and waiving of selected fees and charges.
CBA’s bushfire relief grants will provide:
- Up to $20,000 available to assist with the replacement and repair of lost or damaged community facilities due to bushfires.
- Community organisations, schools and local fire brigades will be able to register for support through www.commbank.com.au from Friday 10 January, with registrations open until Friday 14 February 2020.