News Releases
EDMONTON, AB, June 15, 2009 – BMO Bank of Montreal today opened two new branches in growing Edmonton areas, bringing the total number of full service branches in the Edmonton area to 25 and the number of branches in Alberta that receive clean, renewable electricity from Bullfrog Power to 22.
“We're excited to be opening two new branches on the same day,” said Lynda Taylor, Vice President, Edmonton District, BMO Bank of Montreal. “BMO continues to replace our aging branches in well established markets while opening new branches in other growth marketplaces.”
“Alberta should remain an important driver of Canada's economic growth over the next decade,” said Robert Kavcic, Economist, BMO Capital Markets. “With its proximity to vast energy reserves, Edmonton should continue to prosper as global commodity demand increases, and the city should continue to see strong population and income growth.”
The Centre 50 branch is a relocation of the Gold Bar branch, located at 5024 – 106th Avenue. The new location is 9821 – 50th Street, 1.5 km south of the former branch, across the street from the Capilano Mall.
“We are proud to continue our long tradition of serving customers in Centre 50's well established community,” said Chris Menard, Personal Banking Area Manager, BMO Bank of Montreal. “We have a dedicated team of 14 financial professionals, who are motivated to deliver exceptional customer service,” added Mr. Menard.
The 97th Street & 160th Avenue branch is in the Namao neighbourhood, close to a major shopping area and only five minutes from the Canadian Forces Base that is home to 10,000 military and civilians.
“We are committed to making money make sense for every one of our customers and invite everyone to come in and talk to us about how we can help them save money,” said Anisha Suleman, Branch Manager at the 97th Street & 160th Avenue branch.
BMO's new branches in Edmonton are part of a green energy initiative in Alberta, B.C. and Ontario. BMO Financial Group is committed to purchase over 8,300 megawatt hours of emission free electricity annually from Bullfrog Power - generated from clean, renewable sources like wind power and low-impact hydro.
For added convenience, the new branches feature two ABMs for everyday financial transactions and include a full-service drive-thru ABM, as well as ample parking for customers.
Branches hours of operation for both locations are:
Monday to Wednesday 10:00am – 4:00pm
Thursday & Friday 10:00am – 7:00pm
Saturday 10:00am – 3:00pm
“If you're one of the millions of AIR MILES collectors in Canada, we have another reason for you to bank with BMO,” said Lynda Taylor, Vice-President, Edmonton District, BMO Bank of Montreal. “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,” Ms. Taylor added.
BMO's Corporate Responsibility in Edmonton
BMO Bank of Montreal has played an active role in the Edmonton community since 1903. BMO annually provides over $300,000 in sponsorships and donations in the Edmonton area as part of our goal to make the communities where we live and work strong and healthy. The bank donates to numerous local charitable organizations each year including: The United Way Alberta Capital Region, Concordia College, the Mazankowski Alberta Heart Institute, Grant McEwan Community College and the Royal Alexandra & Lois Hole Hospitals.
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