News Releases

RICHMOND HILL, ONTARIO--(Marketwire - May 6, 2011) - BMO Bank of Montreal invites members of the community to celebrate the grand opening of its new full-service branch located at 1070 Major Mackenzie Drive East on Saturday, May 7^th, 2011.

The new BMO branch represents an investment of $1.2 million into the rapidly growing community of Richmond Hill, an area that BMO Economics predicts will expand by 44,000 residences over the next five years.

In order to meet the needs of its growing customer base, the new state-of-the-art branch offers a variety of services, including:

• Services provided in eight languages: English, Mandarin, Cantonese, Taiwanese, Tamil, Hindi, Punjabi and Urdu
• Access to commercial account and deposit services;
• Two Instabank automated banking machines (ABM);
• Free coin counting machine;
• Free parking for BMO customers; and,
• Full wheelchair accessibility.

"We are thrilled to open our doors for the growing community of Richmond Hill," said Betty Cheng, Branch Manager, BMO Bank of Montreal. "With the busy home buying season upon us, we encourage new and existing customers to come in and speak with one of our on-site mortgage specialists who can discuss options such as BMO's five-year fixed low-rate mortgage with a maximum 25-year amortization. This will save homeowners and their families thousands over time and help pay off their mortgage sooner."