News Releases

LONDON, ONTARIO--(Marketwire - June 1, 2012) - BMO Bank of Montreal is proud to support the Oneida Nation of the Thames, and congratulates members of the community, Band elders, and Oneida Nation Band Councillors on the Official Grand Opening today of their new Long Term Care Facility.

This state of the art facility will provide 64 beds in a home-like environment in the community. The new centre will also provide an economic boost, with the creation of 60-80 new jobs.

Elected Chief Joel Abram of the Oneida Nation stated that "the support of partners was critical in the construction of our Long Term Care facility, and BMO was right there by our side to help us see it through to the end. On behalf of the Oneida Nation of the Thames we'd like to extend our heartfelt gratitude."

"We are proud to support and partner with the Oneida Nation of the Thames on advancing the vision they have for their community, for their people, and for future generations," said James Gardiner, Commercial Banking Area Manager, BMO Bank of Montreal. "This outstanding centre, is just one example of the hard work and dedication of members of the community and its leaders. It will provide not only the highest quality care for elders but also an economic boost to the community with new jobs."

"BMO is very grateful for the opportunity to provide financial services to the Oneida First Nation," says Stephen Fay, National Director, Aboriginal Banking, BMO Bank of Montreal. "It is especially gratifying when these infrastructure and development investments in services have such a profound impact on the quality of life in the community."

About BMO and the Aboriginal Community

In 2012, BMO celebrates twenty years of working with Aboriginal peoples in their communities. BMO's Aboriginal Banking Unit has 12 on-reserve branches and a more than $2 billion business relationship with Aboriginal customers. With a dedicated experienced team, BMO is able to help aboriginal customers with products and services to meet their personal banking needs, provide financial advice to on-reserve businesses, and partner with communities on their economic development initiatives and provide customized trust and investment management solutions.

BMO has a proud history of commitment to helping Aboriginal youth unleash their talent and full potential. As the youngest and fastest growing segment of Canada's population, Aboriginal youth represent a large pool of talent for Canada's workforce, yet they remain over-represented among Canada's unemployed.

That is why BMO is also one of the largest corporate contributors to the scholarship programs of Indspire (formerly the National Aboriginal Achievement Foundation) and the Foundation for the Advancement of Aboriginal Youth (FAAY), providing funding to both organizations in support of Aboriginal high school and post secondary students. BMO has funded 386 Indspire and FAAY student scholarships since its Equity for Education initiative began in 2005.

The Canadian Council for Aboriginal Business has recognized BMO with the Gold Level of Progressive Aboriginal Relations Award for three consecutive award cycles.

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 $525 billion as at April 30, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.