News Releases

• New building fuelled by clean energy from Bullfrog Power^TM1
• Customers are welcome to come in and learn about BMO's five-year fixed mortgage at 4.25 per cent with 25-year amortization to help Canadians become mortgage-free faster

RIVERVIEW, NB, June 7, 2010 - BMO Bank of Montreal today opened a new $1.5 million, state-of-the-art branch, located at 418 Coverdale Road in Riverview.

Branch Manager Natasha Robertson will lead a team of 10 professionals who will provide local residents with personal and commercial financial services. Within the branch, customers can expect a highly qualified team including a financial planner, an investment advisor, a mortgage specialist and a commercial account manager.

"BMO is committed to expanding its presence in the Greater Moncton Area and providing an exceptional customer experience. Riverview is progressively developing and we look forward to working with and supporting its economic growth," said Keith MacLeod, Personal Banking Area Manager for Eastern New, BMO Bank of Montreal. "Riverview residents will have access to expert financial advice, whether it's finding the right mortgage solution or planning for retirement. Our customers can start putting money back in their pockets by taking advantage of programs such as BMO SmartSteps," he added.

BMO SmartSteps provides a straightforward approach to savings through lower fees, lower interest costs and minimizing taxes. For example, following a 20-minute conversation with their banker, customers will be able to set aside savings each month, reduce their banking fees, amortize the mortgage faster and begin paying less income tax.

"We want to bring clarity to home financing decisions by providing expert advice and tips to our customers on how to shorten their mortgage amortization and save thousands of dollars," said Ms. Robertson. "For customers who want to become mortgage-free faster, pay less interest and have the comfort of a fixed interest rate, our five-year fixed rate mortgage at 4.25 per cent is the best option," added Ms. Robertson. "This new mortgage product offers a maximum 25-year amortization. It's the right mortgage for the times."

Within the branch, customers can expect:

• A highly experienced team of in-house experts
• Access to personal & commercial account and deposit services
• Two Instabank automated banking machines (ABMs), including a drive thru ABM accessible 24/7
• Full wheelchair accessibility

Hours of operation for BMO's Riverview branch are:

Monday to Wednesday 9:30 a.m. to 5:00 p.m.

Thursday 9:30 a.m. to 8:00 p.m.

Friday 9.30 a.m. to 5.00 p.m.

BMO's Corporate Social Responsibility in New Brunswick

BMO's new branch in Riverview is Bullfrog powered, as part of BMO's commitment to purchase emission-free electricity from Bullfrog Power generated from clean, renewable sources such as wind power and low impact hydro. BMO has significantly expanded its use of emission-free power by purchasing electricity from Bullfrog Power for all of the bank's 64 facilities in Nova Scotia, New Brunswick and Prince Edward Island. This is in addition to 87 BMO locations in Ontario, Alberta and British Columbia.

BMO is now recognized on the bullfrogpowered^TM1 Green Index, a ranking of companies that purchase green power, as a top-tier purchaser of more than 20,000 annual megawatt hours.

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. In New Brunswick, BMO has more than 300 employees and serves customers from 24 BMO Bank of Montreal branches, three BMO Nesbitt Burns offices and one BMO Harris Private Banking location.

BMO is an active corporate citizen through numerous sponsorships and donations, including P.R.O Kids, University of New Brunswick, Moncton Hospital, Shelter from the Storm, Kids Help Phone, and United Way campaigns throughout the province.