News Releases

TORONTO, ONTARIO--(Marketwire - April 30, 2012) -

Editors Note: There is a video associated with this press release.

BMO Bank of Montreal announced today plans to add more than 800 Cash ATMs to its network across Canada by the year 2014, bringing the network total to nearly 3,000 full-service and Cash ATMs.

To date, 200 BMO Cash ATMs have been installed, with plans to deploy more than 400 by year-end. The new BMO Cash ATMs provide a fast and convenient way for customers to access their money, either through a withdrawal or cash advance. Also, surcharges and month-end Interac fees for BMO debit and credit card customers are waived. The ATMs are designed for cash-only transactions.

"At BMO, it's our mission to provide a great customer experience and make it easier for Canadians to manage their finances, whether in-branch, online or on the go. The significant expansion of our existing full-service ATM network to include the new Cash ATMs is a reflection of that commitment," said Andrew Irvine, Senior Vice President, BMO Bank of Montreal.

Mr. Irvine added that the new ATMs will be installed in grocery stores, pharmacies, gas stations and post-secondary school campuses, as well as various other locations across Canada.

As part of the expansion, BMO has added the BMO Branch and ATM Locator function to the BMO Blue Room™ mobile app. The free, easy-to-use tool helps customers quickly locate the nearest branch or ATM from their mobile device, and is available on iPhone and Android smartphones. To view the demo, please visit here.

The BMO Blue Room mobile app is designed to help customers gain a deeper understanding of their personal finances and bring clarity to important financial decisions, including the purchase of a home and retirement planning.

To celebrate the latest additions to BMO's banking services, customers that make a withdrawal using their BMO debit card at any new Cash ATM by May 31, 2012, will be automatically entered into a draw for a chance to win one of five prizes of 10,000 AIR MILES reward miles.

For full contest details and to learn more about the new BMO Branch and ATM Locator function to the BMO Blue Room mobile app, stop by your local BMO branch today or visit www.bmo.com/cash-atm/.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $538 billion as at January 31, 2012, and more than 47,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

To view the video associated with this press release, please visit the following link: http://www.youtube.com/watch?v=g_Zp21aZU3o&feature=youtu.be.