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BMO Bank of Montreal Invests in Waterdown's Diversified Economy

WATERDOWN, October 22, 2008 – BMO Bank of Montreal today opened the doors to a new 6,180 square-foot branch. The branch is conveniently located at 95 Dundas Street East in the Flamborough Power Centre, providing easy access to both Highway 6 and 403.

“Our objective is to provide each one of our customers with a positive banking experience every time they walk through our doors. The approach we take with all of our customers is aimed at ‘making money make sense',” said Roger Steels, Branch Manager, BMO Bank of Montreal. “Our customers can be sure they will be met by a professional who is ready to have a meaningful financial discussion that begins and ends with their needs,” added Mr. Steels.

The branch is also equipped with three Instabank machines, including a drive-thru ABM, for everyday financial transactions.

“Hamilton and the surrounding area boasts an increasingly diversified economy that includes important manufacturing, health care, life sciences and education sectors,” said Robert Kavcic, Economic Analyst for BMO Nesbitt Burns. “This diversity has helped keep the city's unemployment rate below both the provincial and national rates, even as the manufacturing sector faces increasing challenges, and should continue to buffer the local economy in the future.”

Roger's team of 17 employees include:

  • Customer Service Representatives
  • Financial Services Managers
  • BMO Bank of Montreal Financial Planner, Investment & Retirement Planning Professional
  • Mortgage Specialist
  • BMO Nesbitt Burns Investment Advisor
  • BMO Commercial Account Manager

The branch will offer extended banking hours:

Monday to Wednesday: 9:30 a.m. to 4:30 p.m.
Thursday & Friday: 9:30 a.m. to 8 p.m.
Saturday: 9:30 a.m. to 3:00 p.m.

“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 John St. Cyr, 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.” he said.

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 Saturday, November 8, 2008 and will celebrate with former Toronto Maple Leafs captain Darryl Sittler.

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