News Releases
BMO Bank of Montreal is donating more than $12,000 to the Mon Sheong Foundation to celebrate the grand opening of its new bank branch in Scarborough at 2330 Kennedy Road. This donation is the last instalment of BMO's total pledge of $62,500 in support of the Mon Sheong Richmond Hill Long Term Care Capital Campaign. The donation has helped to build the long-term care facility in Richmond Hill which provides services for seniors and non-seniors in need with physical and neurological impairment, or older couples and seniors affected by dementia. In addition residents receive round the clock emergency medical services that are provided to help minimize the risk of delayed medical attention.
The Mon Sheong Foundation is a Canadian registered charitable organization, dedicated to the promotion of Chinese culture, heritage, language and philosophy through caring for the elderly, encouraging the young and providing programs and services in response to the needs of their communities.
| WHEN: | Saturday, November 24, 2007 from 11:00 a.m. - 2:00 p.m. |
| WHERE: | BMO Bank of Montreal 2330 Kennedy Road at the corner of Sheppard Avenue |
| WHAT: | Opening ceremony: 11:15 a.m. – 11:45 a.m. Speeches and ribbon cutting Light refreshments |
| WHO: | Bernard Cheung, CEO of Mon Sheong Foundation Jim Karygiannis, MP, Scarborough-Agincourt Alex Dousmanis-Curtis, Senior Vice-President, GTA Division BMO Bank of Montreal employees and customers |
“BMO's grand opening and our donation provide a wonderful opportunity for us to welcome customers to their new branch, meet neighbours and to show our appreciation and support for the organizations that mean so much to the well-being of our community,” said Kim Lee, Branch Manager, BMO Bank of Montreal.
“Customers will be welcomed by experienced financial services professionals and investment specialists who can provide clear financial advice and solutions to help them make the right decisions with their money,” said Alex Dousmanis-Curtis, SVP Greater Toronto Division, BMO Bank of Montreal. “All across Toronto, we're inviting customers from other financial institutions to come into one of our branches and talk to a mortgage specialist about how we can help you with Toronto's Land Transfer Tax. BMO will pay the new land transfer tax on behalf of its customers when they arrange a mortgage by February 29, 2008.”
“Plus if you're one of the 9 million AIR MILES collectors in Canada, we have another reason for you to bank with BMO. Now our customers can collect AIR MILES reward miles whenever and wherever they make purchases using their BMO Bank of Montreal debit card,” noted Mr. Lee. “We're unique in the marketplace, no other bank can help you collect faster and redeem quicker and we are the only major financial institution that rewards debit purchases with access to a comprehensive choice of more than 800 reward and travel options, added Mr. Lee.
ABOUT THE KENNEDY ROAD BRANCH
- Opened October 29, 2007
- Located at 2330 Kennedy Road, Scarborough
- Represents an investment of: $1.3 million
- Size: 7,000 square feet
- One of the first BMO branches to be fuelled by clean energy from Bullfrog Power
- Staff: 25 financial services professionals
- Services: A highly experienced team of in-house experts – including, wealth management services provided by, BMO Harris Private Banking and BMO Nesbitt Burns, and BMO Bank of Montreal commercial banking services.
- Two Instabank Extra automated banking machines;
- Hours of operation:
9:30 a.m. to 4:00 p.m. on Mondays, Tuesdays and Wednesdays;
9:30 a.m. to 8:00 p.m. on Thursdays and Fridays; and
9:30 a.m. to 4:00 p.m. on Saturdays.
BMO Bank of Montreal operates 159 full-service branches and 17 InStore branches in the Greater Toronto Area. In 2006, BMO contributed $32.1 million in corporate donations, sponsorships and events, supporting communities and thousands of charities and not-for-profit organizations across Canada.
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