News Releases

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2011) - BMO Bank of Montreal invites members of the community to celebrate the grand opening of its new full-service branch in North Vancouver's Lower Capilano neighbourhood at 1120 Marine Drive.

In order to meet the needs of its growing customer base, the new, open-concept branch is designed to create a welcoming, comfortable financial services experience and is outfitted with the latest banking conveniences, including:

• A free coin counter - a simple-to-use kiosk which counts your loose change;
• Services provided in 5 different languages;
• Access to commercial account and deposit services;
• Two ATMs; and
• Barrier-free access.

"We are excited to be offering our customers a full suite of banking services in this rapidly expanding and revitalized community," said James Burris, Branch Manager, BMO Bank of Montreal. "We encourage residents and local business owners to come in and speak with our team about their financial needs, including our commercial banking services."

"British Columbia's economy is expected to grow at a slightly above-average pace through 2013, helped by high resource prices and Asian export demand. Metro Vancouver's population, which expanded nearly 2 per cent per year over the past decade, also continues to grow at an above-average rate," said Robert Kavcic, Economist, BMO Capital Markets. "The housing market has also shown signs of cooling in recent months, and moderating prices along with still-low mortgage rates should help improve affordability in the city."

Located in the District Crossing development, the new branch represents an investment of $3.3 million into the community. Customers will have financial services provided by a team of professionals including financial planners, investment advisors, mortgage specialists and small business bankers.

Grand Opening Details:

Who	Joanne Gassman, Senior Vice President, BC & Yukon Division, BMO
	Bank of Montreal
	Henry Donkers, Vice President, Vancouver Suburban District, BMO Bank of Montreal
	James Burris, Branch Manager, BMO Bank of Montreal
What	Grand Opening Celebration - Lower Capilano Branch
		• Great give-aways and a raffle draw with the chance to win one of two iPads
		• Face painting and balloon art for children
		• Complimentary hors d'oeuvres prepared by local businesses
		• Official ribbon-cutting ceremony and photo opportunities
When	Saturday, November 26, 2011, from 11:00 AM to 2:00 PM
		• Speeches and ribbon-cutting will commence at noon
Where	BMO Bank of Montreal - Lower Capilano Branch
	1120 Marine Drive (at Lloyd Street)
	North Vancouver, BC