News Releases
SCARBOROUGH, ON, December 4, 2009 – BMO Bank of Montreal is celebrating the re-opening of its expanded Guildwood Parkway branch on Saturday, December 5, in Scarborough at 99 Guildwood Parkway. The full-service branch has increased both its size and staff in order to accommodate the region's diverse and growing community.
The branch staff includes a team of 11 financial professionals, including a BMO Nesbitt Burns Investment Advisor and BMO Financial Planner who can collectively provide a full range of financial services and advice in both English and Farsi.
“Guildwood is a very tight knit enclave where residents value their community based services,” said Lisa Ramrup, BMO Bank of Montreal. “Our new relocated branch will bring teller services, six days a week operations and on-site wealth management to accommodate the needs of this community.”
“BMO is all about Making Money Make Sense for our customers by helping them simplify their savings plans, especially during these economic times,” said Bill Crook, Personal Banking Area Manager, BMO Bank of Montreal. “We are pleased to offer historically low mortgage rates and advice. First-time homebuyers have the ability to get pre-approved and lock in at low rates if they are not ready to buy at this time, and our First Home Essentials Kit can provide a step-by-step guide to help customers better understand the real estate market,” he added.
“The GTA represents the heart of the Canadian economy, home to the financial centre and a diverse range of Fortune 500 businesses,” said Robert Kavcic, Economist, BMO Financial Group. “The city's population has expanded at a steady 2.3 per cent annual rate over the past decade, boosting construction activity and lifting home values by about 5 per cent annually. Scarborough is an important part of the Toronto economy, which continues to see steady population growth thanks to its popularity as a location for new Canadians.”
| Who: | Hon. Margarett Best, Ontario Minister of Health Promotion and MPP, Scarborough-Guildwood Hon. John McKay, P.C., MP, Scarborough-Guildwood Councillor Paul Ainslie, Ward 43, Scarborough Lily Capriotti, District Vice-President, GTA Central, BMO Bank of Montreal Bill Crook, Personal Banking Area Manager, BMO Bank of Montreal Lisa Ramrup, Branch Manager, BMO Bank of Montreal |
| When: | Saturday, December 5, 2009 from 9:30 a.m. - 12:00 p.m. |
| Where: | BMO Bank of Montreal 99 Guildwood Parkway Scarborough, ON |
| What: | 9:30 a.m. - Complimentary Breakfast & Refreshments 10:30 a.m. - Speeches 10:45 a.m. - Ribbon Cutting Ceremony 11:50 a.m. - Raffle prizes and giveaways including AIRMILES Reward Miles |
| Hours of operation: | |
| Monday - Wednesday | 9:30 am - 4:00 pm |
| Thursday & Friday | 9:30 am - 7:00 pm |
| Saturday | 9:30 am - 3:00 pm |
BMO SmartSteps
The BMO SmartSteps program delivers a straightforward approach that can add up to real savings for customers through lower fees, lower interest costs and minimizing your taxes.
BMO Smartsteps includes ways to:
1. Generate automatic monthly savings;
2. Minimize banking fees;
3. Take years off of mortgage payments and become debt-free quicker;
4. Open a Tax Free Savings Account
5. Automate money transfers to avoid extra fees.
BMO in Scarborough
BMO has been an active member of the Scarborough community since it opened its first branch there in 1952. BMO has also been a proud supporter of various events within the area which include:
- The BMO Symposium and Business Outlook for Newcomers to Canada
- The Rouge Valley Health System
- The Ontario Chamber of Commerce Consuls General where 20 countries came together in the business community to increase trade developments
- Sponsor of the “BMO Ode to Joy,” The Chinese Cultural Centre's Imperial Ball, “Yee Hong's Dragon Ball,” and The Mon Sheong Foundation
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