News Releases

• BMO Bankers at Morgan Crossing offer service and solutions in eight languages
• BMO's five-year fixed closed mortgage at 4.25 per cent with 25-year amortization can help Canadians become mortgage-free faster
• New branch fuelled by clean energy from Bullfrog Power

SURREY, BC, July 5, 2010 – BMO Bank of Montreal opened a new $1.1 million branch today, located at 15850-26th Avenue in South Surrey.

Branch Manager Colleen Duncan is part of a team of nine professionals serving South Surrey residents and businesses with personal and commercial financial services. Specialized roles within the branch include a financial planner, a BMO Nesbitt Burns investment advisor, a mortgage specialist, a commercial account manager and a BMO Harris Private Banking representative.

"BMO specifically chose to open a branch in the Morgan Crossing neighbourhood since it will be a "go to" area of the community with a mixture of small businesses, retailers and new residences. This location is a village concept which allows for tremendous community activities such as street fairs, parades, cultural events, farmers' markets and music festivals," added Ms. McFadden.

Special features within the branch include:

• A unique roof top patio offering a venue for bank and community events
• Two Instabank automated banking machines (ABMs)
• Access to personal & commercial account and deposit services
• Banking advice in eight languages including Cantonese, English, French, Hindi, Japanese, Mandarin, Punjabi, and Taiwanese
• Ample free parking and full wheelchair accessibility

Hours of operation for BMO's Morgan Crossing branch are:
Monday to Wednesday 9:30 a.m. to 6:00 p.m.
Thursday and Friday 9:30 a.m. to 8:00 p.m.
Saturday 9:30 a.m. to 4:00 p.m.

The new 5,000 square foot Morgan Crossing branch is Bullfrog powered. BMO is committed to purchase emission-free electricity from Bullfrog Power; generated from clean, renewable sources such as wind power and low impact hydro. The bank has significantly expanded its use of emission-free power for four bank facilities in British Columbia. This is in addition to the 149 BMO locations in Ontario, Alberta and the Atlantic provinces.

BMO in British Columbia

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. In British Columbia, BMO has more than 3,000 employees and serves customers from 116 BMO Bank of Montreal branches, six BMO Nesbitt Burns offices and six BMO Harris Private Banking locations.

BMO is an active corporate citizen in Surrey. Recent major donations have been given to Peace Arch Hospital and Surrey Memorial Hospital. The Bank also became title sponsor of BMO Family Day at the Surrey Children's Festival. BMO Bank of Montreal is a member of the White Rock & South Surrey Chamber of Commerce. They will be a premier event sponsor for the upcoming annual Chamber networking barbeque on Wednesday August 25th. BMO employees also support the Canadian Women's Foundation Shelter from the Storm Campaign, Surrey Food Bank and BC Children's Hospital.

Morgan Crossing Branch will host its grand opening celebration on September 11, 2010.