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BMO Bank of Montreal to Invest $2 Million in New Branch in Leamington, Ontario  

BMO Bank of Montreal announced today that it is investing $2 million to construct a new free-standing bank branch in Leamington, Ontario. The branch will be centrally located at 297 Erie Street South and is expected to open in April 2006.

The new BMO branch will be staffed with over 20 employees who will provide BMO customers with a full range of commercial and personal banking services.

The new branch will also provide special convenience features, including:

  • extended banking hours (Monday to Wednesday, 9:30 am to 5:00 pm; Thursday/Friday, 9:30 am to 6:00 pm);
  • three automated banking machines (ABMs), including a drive-through ABM, providing access to accounts and information 24 hours a day, seven days a week;
  • free parking with 50 spaces available;
  • full wheelchair accessibility;
  • a Commercial Banking Area Manager and a team of Account Managers offering loan, cash management and deposit services; and
  • a personal banking team including; a Retirement and Investment Specialist, a BMO Nesbitt Burns Investment Advisor and a Mortgage Specialist.

“The construction of this new enhanced and larger branch demonstrates our continued strong commitment to the community of Leamington,” said Michael Klopchic, District Vice President, Windsor District, BMO Bank of Montreal. “Our customers in the region will now have increased access to a broad range of professional banking and investment services at a location convenient to where they live and work.”

The new Erie Street branch will replace the existing BMO branches located at 10 Erie Street South and 275 Erie Street South.

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $290 billion as at July 31, 2005, and more than 34,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and solutions. BMO Financial Group serves clients across Canada through its Canadian retail arm, BMO Bank of Montreal, and through BMO Nesbitt Burns, one of Canada’s leading full-service investment firms. BMO Financial Group is the second largest small business lender in Canada and one of the largest in North America.

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