News Releases
BMO Bank of Montreal today opened a new 6,000 square foot personal and commercial banking branch, located in a newly developed residential and commercial area at 11680 Yonge Street, Richmond Hill. To serve this diverse area, the new BMO branch will provide financial advice in English, Romanian, Vietnamese, Mandarin, Arabic, Italian, Cantonese and Farsi.
This new location is easily accessible by car and transit and is centrally located on Yonge Street, between Jefferson Sideroad and Highway 29, in North Richmond Hill. The new branch has a team of 20 personal banking and investment professionals who are eager to offer financial advice and support to all existing and new BMO customers in the community.
“We are committed to providing every one of our customers with the best banking experience possible,” said Troy Phillips, Branch Manager, BMO Bank of Montreal. “Our customers can be sure they'll be met by a knowledgeable professional who will help them understand our products and services, so they can confidently choose a financial solution that fits their personal needs,” added Mr. Phillips.
Customers can expect:
- A highly experienced team of in-house experts – including personal banking managers, financial services representatives, a financial planner, a BMO Nesbitt Burns Investment Advisor;
- Access to commercial account and deposit services;
- Two Instabank automated banking machines (ABMs), including a drive-through ABM;
- Ample parking for BMO customers; and
- Full wheelchair accessibility.
“Plus if you're one of the millions of AIR MILES collectors in Canada, we have another reason for you to bank with BMO,” said Alex Dousmanis-Curtis, Senior Vice President, Greater Toronto Area Division, BMO Bank of Montreal. “No other bank can help you collect faster and redeem quicker because we are the only major financial institution that rewards debit and credit card purchases, including online purchases, with access to a comprehensive choice of more than 800 reward and travel options,” added Ms. Dousmanis-Curtis.
BMO also announced that the branch will receive its electricity from Bullfrog Power, which provides homes and businesses in Ontario and Alberta with electricity generated from clean, renewable sources like wind power and low-impact hydro. BMO has purchased 5,000 Megawatt Hours per year of clean, emission-free electricity from Bullfrog Power.
BMO's North Richmond Hill branch will operate from:
- 9:30 a.m. to 4:30 p.m. on Monday, Tuesday and Wednesday;
- 9:30 a.m. to 8:00 p.m. on Thursday and Friday; and
- 9:30 a.m. to 3:00 p.m. on Saturday.
The branch will hold a grand opening ceremony on Saturday, April 19, 2008 and will announce a donation to a local organization.
BMO serves customers through three branches and one In-Store branch in the Richmond Hill area.
About BMO Bank of Montreal
BMO Financial Group, Canada's first and oldest bank, is celebrating its 190th anniversary. The bank is one of the most highly diversified financial services organizations in North America. With total assets of $366 billion as at October 31, 2007, and more than 35,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and solutions.
- 30 -