News Releases
BMO Bank of Montreal officially celebrates the 100th anniversary of its Charlottetown Branch on November 14. The branch employees will be celebrating with a customer appreciation day on Wednesday, November 28. Customers and members of the community are welcome to come out and socialize with friends and neighbours while enjoying complimentary coffee and desserts.
“We want to acknowledge and thank our customers for their long standing support. We are proud to have contributed to the community and everyday lives of citizens in Charlottetown over the past century. We look forward to the continuation of providing our customers with the clarity they need to meet their financial goals,” said Mike May, Branch Manager.
In 1903, The Bank of Montreal expanded its operations in the Maritime Provinces by acquiring the Exchange Bank of Yarmouth, N.S. Two years later the bank purchased the People's Bank of Halifax with 26 branches and in 1907 the People's Bank of New Brunswick was also acquired. With the opening of the main branch in Charlottetown, PEI in 1907, BMO had representation in every major Maritime centre.
“The Charlottetown branch opening was an important link in the bank's history as it signalled the achievement of the bank's steady increase of its presence from coast to coast,” said Carolyn Booth, VP New Brunswick and Prince Edward Island, BMO Bank of Montreal. “At BMO Bank of Montreal we are committed to meeting the constantly evolving needs of our customers and offering them a broad range of banking and highly specialized financial services and integrated financial solutions, just as we have done for the past 100 years,” added Ms. Booth.
BMO has a long history of community support in Charlottetown and is marking its century long commitment with a fun filled customer appreciation day and a cheque donation of $1,000 to the local food bank.
About BMO in PEI
BMO has been a long-standing and integral part of Prince Edward Island since 1903, contributing to the island's economic development while paying taxes and supporting local initiatives and community groups through sponsorships and donations. BMO Bank of Montreal operates 4 branches in the province, and BMO Nesbitt Burns has 2 locations to serve clients.
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