Caulfeild Village Welcomes New BMO Bank of Montreal BranchBMO Invests in West Vancouver's highly educated population with average household income of about $120,000
WEST             VANCOUVER, BC, September 30, 2008 –  BMO Bank of Montreal             opened the doors today to its new Caulfeild Village branch at 5303             Headland Drive in West Vancouver. The 2,900 square foot branch is             conveniently located in the south-end of the Caulfeild Village Shopping             Centre parking lot, just a few steps from the existing branch, which             closes its doors on September 27. Customers will benefit from the             same familiar faces and a knowledgeable staff who provide a tailored       banking experience.
 “Our customers           will be pleased with the new branch features designed to provide exceptional           customer experience, in the same convenient               location,” said Robert Parrott, Branch Manager, BMO Bank of               Montreal. “To demonstrate our commitment, clients who open               a new Premium Rate Savings Account with an initial deposit of $5,000               or a Primary Chequing Account with a pre-authorized debit or direct               deposit between September 30 and November 1, 2008, will have $100         deposited into their account.”
“West Vancouver           boasts a highly educated and productive population with average household           income of about $120,000, “said Robert                 Kavcic, Economic Analyst, BMO Capital Markets. “This puts the                 city well above the national rate and almost twice that of Metro                 Vancouver. With 22 per cent of the area's population aged 65                 and older, there looks to be ample opportunity for businesses geared         toward the retirement market.”
 Robert Parrott's       team of seven employees at the BMO Caulfeild Village branch include: 
    - Customer Service           Representatives
 
    -             Financial Services Managers 
 
    -             BMO Financial Planner
 
    -             Investment and Retirement Planning Professional 
 
The branch hours of operation are:
    
        
            | Tuesday to Thursday | 
            9:30 a.m. to 4:00 p.m. | 
        
        
            | Friday | 
            9:30 a.m. to 5:00 p.m. | 
        
        
            | Saturday | 
            9:30 a.m. to 4:00 p.m. | 
        
    
“In addition, if you're one of the millions of AIR MILES         collectors in Canada, we have another reason for you to bank with BMO,” said         Carlos Calao, Personal Banking Area Manager. “No other bank can         help you collect faster and redeem more quickly 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.”
 In April, BMO Bank           of Montreal enhanced its Mosaik Gold AIR MILES Reward Option, providing           cardholders an exclusive 20 per cent                 discount on all           AIR MILES flight redemptions worldwide.
The branch will hold           a grand opening ceremony on Thursday, October 16, 2008.
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